Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Spain
LREM64TTESQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.51
Year-over-Year Change
3.72%
Date Range
1/1/1999 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Spain measures the percentage of the Spanish population aged 15 to 64 who are employed. This key labor market indicator is crucial for policymakers and economists to assess economic performance and labor force participation.
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 monthly labor force statistic tracks the employment rate for the working-age population in Spain. It provides insights into the overall health and utilization of the Spanish labor market, which is a critical component of the country's broader economic outlook.
Methodology
The data is collected through household surveys by the Spanish National Statistics Institute.
Historical Context
This employment rate is used by analysts and policymakers to gauge the strength of the Spanish economy and inform labor market policies.
Key Facts
- The Spanish employment rate reached a high of 68.5% in 2019.
- Employment rates tend to decline during economic downturns.
- Women have historically lower employment rates than men in Spain.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the Spanish population aged 15 to 64 who are employed. It is a key indicator of labor market health and utilization.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a crucial economic indicator that provides insights into the overall strength and performance of the Spanish labor market, which is a critical component of the country's broader economic outlook.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the Spanish National Statistics Institute.
Q: How is this trend used in economic policy?
A: This employment rate is used by analysts and policymakers to gauge the strength of the Spanish economy and inform labor market policies.
Q: Are there update delays or limitations?
A: The employment rate data is published monthly, with minimal delays, providing timely insights into the Spanish labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Spain (LREM64TTESQ156S), retrieved from FRED.