Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Estonia
LREM74TTEEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.54
Year-over-Year Change
-2.31%
Date Range
1/1/2000 - 1/1/2025
Summary
The employment rate measures the percentage of the working-age population that is employed. This trend provides valuable insights into Estonia's labor market dynamics and overall economic health.
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 Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Estonia tracks the percentage of the Estonian population aged 15 to 74 that is employed. This key indicator is widely used by economists and policymakers to assess labor market conditions and inform economic policy decisions.
Methodology
The data is collected through household surveys conducted by the Estonian statistical agency.
Historical Context
The employment rate is a critical input for evaluating the strength of Estonia's economy and labor market.
Key Facts
- Estonia's employment rate was 72.4% in 2021.
- The employment rate for women in Estonia was 69.8% in 2021.
- Estonia's employment rate has increased by 5.5 percentage points since 2010.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Estonia measures the percentage of the working-age population in Estonia that is employed.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a key indicator of the strength of Estonia's labor market and overall economic health, making it important for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Estonian statistical agency.
Q: How is this trend used in economic policy?
A: The employment rate is used by economists and policymakers to assess labor market conditions and inform economic policy decisions in Estonia.
Q: Are there update delays or limitations?
A: The employment rate data is published regularly by the Estonian statistical agency, with minimal update delays.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Estonia (LREM74TTEEQ156S), retrieved from FRED.