Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Estonia
LREM24FEEEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.48
Year-over-Year Change
21.67%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the employment rate for females aged 15 to 24 in Estonia. It provides important insights into labor market dynamics and workforce participation for young women.
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 employment rate is a key economic indicator that shows the percentage of the working-age population that is employed. This specific series focuses on the employment of young women in Estonia, which is useful for analyzing youth employment trends and gender-based labor force participation.
Methodology
The data is collected through national labor force surveys conducted by the Estonian statistical agency.
Historical Context
This trend is relevant for policymakers, economists, and labor market analysts seeking to understand labor force dynamics and workforce participation patterns.
Key Facts
- Estonia's female youth employment rate was 42.5% in 2020.
- Employment for young women in Estonia has declined over the past decade.
- The female youth employment rate in Estonia is below the OECD average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for females aged 15 to 24 in Estonia, providing insights into labor market dynamics and workforce participation for young women.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding youth employment and gender-based labor force participation patterns, which are key considerations for policymakers and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Estonian statistical agency.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and labor market analysts to assess labor force dynamics and inform policies and programs aimed at promoting employment and workforce participation, particularly for young women.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the statistical agency, and there may be lags in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Estonia (LREM24FEEEA156N), retrieved from FRED.