Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Norway
LREM74MANOA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.38
Year-over-Year Change
1.05%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the employment rate for Norwegian men aged 15 to 74 years old. It provides important insights into Norway's labor market and workforce dynamics.
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 is a key indicator of economic activity and labor force participation. This specific series tracks the percentage of working-age Norwegian men who are employed, offering valuable context on the country's labor market and broader economic conditions.
Methodology
The data is collected through surveys and statistical modeling by Norway's national statistical agency.
Historical Context
Policymakers and economists closely monitor this trend to assess the health of Norway's labor market and inform economic and employment policies.
Key Facts
- Norway has one of the highest employment rates in Europe.
- The employment rate for Norwegian men has remained relatively stable over the past decade.
- The data is released on a quarterly basis by Statistics Norway.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for Norwegian men aged 15 to 74 years old, providing insights into the country's labor market and workforce dynamics.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a key indicator of economic activity and labor force participation, making this trend highly relevant for policymakers, economists, and analysts looking to assess the health of Norway's labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys and statistical modeling by Norway's national statistical agency, Statistics Norway.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to inform economic and employment policies in Norway, as it provides valuable insights into the country's labor market and workforce dynamics.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis by Statistics Norway, with a relatively short delay in publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Norway (LREM74MANOA156N), retrieved from FRED.