Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Finland
LREM24MAFIA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.93
Year-over-Year Change
2.44%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the employment rate for males aged 15 to 24 in Finland, providing insights into youth 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 employment rate is a key labor market indicator that reflects the percentage of the working-age population currently employed. Analyzing trends in youth employment is crucial for understanding economic conditions and informing policymaking.
Methodology
The data is collected through household and labor force surveys conducted by national statistical agencies.
Historical Context
Policymakers and economists use this trend to assess the strength of the labor market and implement policies to promote youth employment.
Key Facts
- Finland's youth employment rate for males aged 15-24 was 48.3% in 2021.
- The youth employment rate in Finland has remained relatively stable over the past decade.
- Youth employment is a key indicator of economic health and future labor market prospects.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for males aged 15 to 24 in Finland, providing insights into the labor market participation of young workers.
Q: Why is this trend relevant for users or analysts?
A: Tracking youth employment is crucial for understanding the overall health of the labor market and informing policies to support economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected through household and labor force surveys conducted by national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the strength of the labor market and implement policies to promote youth employment and economic opportunity.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the statistical agencies collecting the information.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Finland (LREM24MAFIA156S), retrieved from FRED.