Infra-Annual Labor Statistics: Employees Total for Russia
LFESEETTRUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67,650,190.00
Year-over-Year Change
-0.14%
Date Range
1/1/2005 - 10/1/2021
Summary
The 'Infra-Annual Labor Statistics: Employees Total for Russia' tracks the total number of employees in the Russian economy, providing critical insight into labor market trends.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series measures the total number of employees across all economic sectors in Russia on a monthly basis. It is a key indicator used by economists and policymakers to assess the overall health and direction of the Russian labor market.
Methodology
The data is collected through surveys of Russian businesses and organizations.
Historical Context
This metric is widely followed by analysts to gauge Russia's economic performance and the potential for policy interventions.
Key Facts
- Russia has the largest economy in Eastern Europe.
- The services sector accounts for over 60% of Russian employment.
- Monthly employment data is closely watched for signs of economic stability.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of employees across all sectors of the Russian economy on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of the overall health and direction of the Russian labor market, which is closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Russian businesses and organizations.
Q: How is this trend used in economic policy?
A: This employment data is widely used by analysts to gauge Russia's economic performance and inform potential policy interventions.
Q: Are there update delays or limitations?
A: The data is published monthly, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employees Total for Russia (LFESEETTRUQ647N), retrieved from FRED.