Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 24 Years for Japan
LRAC24TTJPQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.68
Year-over-Year Change
7.96%
Date Range
1/1/1970 - 1/1/2025
Summary
The Labor Force Participation Rate for Japan's 15-24 year old population measures the proportion of that age group who are actively employed or seeking work. This provides valuable insights into youth employment trends and labor market dynamics.
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
The Labor Force Participation Rate is a key economic indicator that tracks the percentage of the working-age population that is employed or actively looking for work. This metric is particularly informative for analyzing Japan's youth labor market and identifying trends in education, job opportunities, and economic participation.
Methodology
The data is collected through household surveys conducted by the Japanese government.
Historical Context
This metric is closely monitored by policymakers, economists, and employers to understand the evolving labor supply and workforce development in Japan.
Key Facts
- Japan's youth labor force participation rate was 42.3% as of the latest data.
- This rate has declined from over 50% in the early 1990s.
- Youth labor force participation is lower in Japan compared to other major economies.
FAQs
Q: What does this economic trend measure?
A: This metric measures the percentage of Japan's population aged 15-24 that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The youth labor force participation rate provides insights into education, job opportunities, and economic engagement for a critical demographic in Japan.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Japanese government.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers, economists, and employers to understand labor supply and workforce development in Japan.
Q: Are there update delays or limitations?
A: The data is updated on an infra-annual basis, with some potential delays in publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 24 Years for Japan (LRAC24TTJPQ156S), retrieved from FRED.