Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for Luxembourg
LRAC25TTLUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.57
Year-over-Year Change
1.36%
Date Range
1/1/2007 - 1/1/2025
Summary
The Labor Force Participation Rate for Persons Aged 25 to 54 in Luxembourg measures the share of the working-age population actively engaged in the labor market. It is a key economic indicator used to assess labor market dynamics and workforce participation.
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 for Persons Aged 25 to 54 in Luxembourg represents the percentage of the population aged 25 to 54 years old that is employed or actively seeking employment. It provides insight into the overall strength and utilization of the prime-age labor force, which is crucial for economic growth and policy analysis.
Methodology
This data is collected through household surveys by the Luxembourg statistical agency.
Historical Context
The labor force participation rate is closely monitored by policymakers and economists to evaluate the health of the labor market and inform economic and social policies.
Key Facts
- The labor force participation rate for 25-54 year olds in Luxembourg was 86.3% in 2022.
- Luxembourg's rate is higher than the OECD average of 83.1% for this age group.
- The participation rate has remained relatively stable over the past decade in Luxembourg.
FAQs
Q: What does this economic trend measure?
A: The Labor Force Participation Rate for Persons Aged 25 to 54 in Luxembourg measures the share of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the overall strength and utilization of the prime-age labor force, which is crucial for economic growth and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the Luxembourg statistical agency.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by policymakers and economists to evaluate the health of the labor market and inform economic and social policies.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, as the information is collected through household surveys.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for Luxembourg
LFEM64FELUQ657N
Producer Prices Index: Economic Activities: Manufacturing: Domestic for Luxembourg
LUXPPDMMINMEI
Harmonized Index of Consumer Prices: Games, Toys and Hobbies for Luxembourg
CP0931LUM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Luxembourg
LUXCPHPEN01GYM
Inflation, consumer prices for Luxembourg
FPCPITOTLZGLUX
Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Luxembourg
LRUN74TTLUQ156N
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for Luxembourg (LRAC25TTLUQ156S), retrieved from FRED.