Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 64 Years for Luxembourg
LRAC64MALUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.89
Year-over-Year Change
2.24%
Date Range
1/1/2007 - 1/1/2025
Summary
The Labor Force Participation Rate for Males Aged 15-64 in Luxembourg measures the proportion of the working-age male population that is actively employed or seeking work. This key labor market indicator provides insight into the overall economic activity and productivity of Luxembourg's workforce.
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 labor force participation rate represents the share of working-age men in Luxembourg who are actively engaged in the labor market, either employed or actively seeking employment. It is a widely-used metric for evaluating the health and utilization of a country's human capital resources.
Methodology
The data is collected through household surveys conducted by the Luxembourg national statistical agency.
Historical Context
Policy makers and analysts use this trend to assess labor market dynamics and labor force utilization in Luxembourg.
Key Facts
- Luxembourg's male labor force participation rate averaged 76.4% from 2010-2020.
- The rate declined slightly from a high of 77.3% in 2010 to 75.3% in 2020.
- Luxembourg has one of the highest male labor force participation rates in the European Union.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 64 Years for Luxembourg measures the percentage of working-age men in the country who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into the overall labor market conditions and economic activity in Luxembourg. It is a key indicator used by policymakers and economists to assess the utilization of the country's human capital resources.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Luxembourg national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this labor force participation rate to evaluate the health of Luxembourg's labor market and inform decisions around employment, workforce development, and economic policies.
Q: Are there update delays or limitations?
A: The data is published on an intra-annual basis, with some potential for minor delays in data collection and release.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 64 Years for Luxembourg (LRAC64MALUQ156S), retrieved from FRED.