Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 24 Years for Spain
LRAC24FEESA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.18
Year-over-Year Change
-17.20%
Date Range
1/1/1999 - 1/1/2024
Summary
The Labor Force Participation Rate Female: From 15 to 24 Years for Spain measures the percentage of Spanish women aged 15 to 24 who are employed or actively seeking work. This metric is a key indicator of labor market dynamics and economic activity.
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 statistic represents the proportion of young Spanish women who are either employed or unemployed but actively looking for a job. It provides insight into labor force engagement and labor market trends for this demographic.
Methodology
The data is collected through national labor force surveys conducted by the Spanish statistical agency.
Historical Context
The female youth labor force participation rate is relevant for policymakers and economists analyzing labor market conditions and the economic prospects of young women in Spain.
Key Facts
- Spain's female youth labor force participation rate averaged 39.9% from 2000 to 2021.
- The rate peaked at 44.9% in 2007 before declining during the global financial crisis.
- Spain has historically had lower female labor force participation compared to other European countries.
FAQs
Q: What does this economic trend measure?
A: This metric measures the percentage of Spanish women aged 15 to 24 who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The female youth labor force participation rate provides insight into labor market dynamics and economic activity for this key demographic group in Spain.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Spanish statistical agency.
Q: How is this trend used in economic policy?
A: This metric is relevant for policymakers and economists analyzing labor market conditions and the economic prospects of young women in Spain.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with potential delays in reporting from the source agency.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 24 Years for Spain (LRAC24FEESA156N), retrieved from FRED.