Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 64 Years for Finland
LREM64MAFIA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.78
Year-over-Year Change
4.34%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic indicator tracks the employment rate for Finnish men aged 15 to 64 years. It provides insights into the labor force participation and economic activity of a key demographic group.
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 measures the proportion of the working-age population that is currently employed. This metric is a key indicator of labor market health and economic well-being in Finland and other countries.
Methodology
The data is collected through household surveys conducted by Statistics Finland.
Historical Context
Policymakers use this trend to assess the labor market and design effective employment policies.
Key Facts
- The average employment rate for Finnish men aged 15-64 was 73.4% in 2021.
- Employment rates for this group have remained relatively stable over the past decade.
- Finland has one of the highest male employment rates in the European Union.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the employment rate for Finnish men aged 15 to 64 years, providing insights into labor force participation and economic activity for this key demographic group.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a crucial indicator of labor market health and economic well-being in Finland and other countries, making it relevant for policymakers, economists, and analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Finland.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to assess the labor market and design effective employment policies in Finland.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, with no significant update delays. However, survey-based data may have some limitations in capturing the full complexity of the labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 64 Years for Finland (LREM64MAFIA156N), retrieved from FRED.