Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Luxembourg
LREM74MALUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.53
Year-over-Year Change
-0.57%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the employment rate for men aged 15 to 74 in Luxembourg. It provides valuable insights into the country's labor market dynamics and workforce 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
The employment rate for male workers aged 15 to 74 in Luxembourg is an important economic indicator that reflects the strength and composition of the country's labor force. It is widely used by policymakers, economists, and market analysts to assess economic conditions and labor market trends.
Methodology
The data is collected through comprehensive household surveys conducted by national statistical agencies.
Historical Context
This metric is closely monitored by the European Union and national governments to inform economic and labor market policies.
Key Facts
- Luxembourg's male employment rate is among the highest in the European Union.
- The trend has shown steady improvement since the early 2000s.
- Employment rates are higher for older male workers compared to younger cohorts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for men aged 15 to 74 in Luxembourg, providing insights into the size and composition of the country's male labor force.
Q: Why is this trend relevant for users or analysts?
A: The male employment rate is a key indicator of economic conditions and labor market dynamics in Luxembourg, informing policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through comprehensive household surveys conducted by national statistical agencies.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by the European Union and national governments to inform economic and labor market policies in Luxembourg.
Q: Are there update delays or limitations?
A: There may be a short delay in the availability of the most recent data, as it is dependent on the publication schedule of national statistical agencies.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Luxembourg (LREM74MALUA156N), retrieved from FRED.