Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for France
Annual, Not Seasonally Adjusted
LREM55TTFRA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.38
Year-over-Year Change
31.82%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate in France. It is a key indicator of the overall health and utilization of the French labor market.
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 represents the proportion of the working-age population that is employed or actively seeking employment. Economists and policymakers closely monitor this metric to assess the strength and dynamics of the French labor market.
Methodology
This data is collected through household surveys conducted by the French national statistical agency, INSEE.
Historical Context
The labor force participation rate is widely used to inform economic and workforce policies in France.
Key Facts
- France's labor force participation rate averaged 71.8% in 2021.
- The rate declined during the COVID-19 pandemic but has since recovered.
- Women's participation rate in France is lower than men's.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate in France, which represents the proportion of the working-age population that is employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall health and utilization of the French labor market, and is closely monitored by economists and policymakers to assess workforce dynamics and inform economic policies.
Q: How is this data collected or calculated?
A: This data is collected through household surveys conducted by the French national statistical agency, INSEE.
Q: How is this trend used in economic policy?
A: The labor force participation rate is widely used to inform economic and workforce policies in France, as it provides insights into the strength and engagement of the country's labor market.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force participation rate data for France is typically published with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM55TTFRA156N), retrieved from FRED.