Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Brazil
LREM24TTBRQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.05
Year-over-Year Change
-14.12%
Date Range
4/1/2002 - 7/1/2015
Summary
The Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Brazil measures the percentage of the Brazilian population aged 15 to 24 who are employed. This metric provides insight into the labor market participation and economic opportunities for young workers.
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 data series tracks the employment rate for Brazilians between the ages of 15 and 24. It is a key indicator of labor force engagement and economic vitality among the youth population, which is an important demographic for policymakers and analysts to monitor.
Methodology
The data is collected through household surveys conducted by the Brazilian statistical agency.
Historical Context
The employment rate for young Brazilians is closely watched by economists and policymakers as an indicator of the country's economic health and social progress.
Key Facts
- Brazil's youth employment rate averaged 51.5% over the past decade.
- The employment rate for 15-to-24-year-olds in Brazil is lower than the OECD average.
- Youth unemployment is a persistent challenge for the Brazilian economy.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Brazil measures the percentage of the Brazilian population aged 15 to 24 who are employed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the labor market participation and economic opportunities for young workers in Brazil, which is an important demographic for policymakers and analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Brazilian statistical agency.
Q: How is this trend used in economic policy?
A: The employment rate for young Brazilians is closely watched by economists and policymakers as an indicator of the country's economic health and social progress.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual basis, so there may be some delays in the most recent updates.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Brazil (LREM24TTBRQ156S), retrieved from FRED.