Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Luxembourg

Annual, Not Seasonally Adjusted

LREMTTTTLUA156N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

58.33

Year-over-Year Change

4.67%

Date Range

1/1/2003 - 1/1/2024

Summary

The 'Annual, Not Seasonally Adjusted' economic trend measures the total employment level in Ukraine. This metric is important for economists and policymakers to gauge the overall labor market and economic conditions in the country.

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 trend represents the total number of employed persons in Ukraine on an annual basis, without adjusting for seasonal variations. It provides a broad overview of the size and changes in the Ukrainian workforce over time.

Methodology

The data is collected through household and employer surveys by the State Statistics Service of Ukraine.

Historical Context

This trend is widely used by analysts, researchers, and government agencies to assess the health of the Ukrainian economy and labor market.

Key Facts

  • Ukraine's total employment reached over 16 million in 2021.
  • Employment levels in Ukraine declined during the COVID-19 pandemic.
  • The services sector accounts for the largest share of employment in Ukraine.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employed persons in Ukraine on an annual basis, without adjusting for seasonal variations.

Q: Why is this trend relevant for users or analysts?

A: This trend provides a broad overview of the size and changes in the Ukrainian workforce, which is crucial for evaluating the overall health and performance of the Ukrainian economy.

Q: How is this data collected or calculated?

A: The data is collected through household and employer surveys by the State Statistics Service of Ukraine.

Q: How is this trend used in economic policy?

A: Analysts, researchers, and government agencies use this trend to assess the health of the Ukrainian labor market and economy, which informs economic policymaking and decision-making.

Q: Are there update delays or limitations?

A: The data is published annually, so there may be a delay in the most recent figures being available. Additionally, the data does not account for seasonal variations in employment.

Related Trends

Citation

U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREMTTTTLUA156N), retrieved from FRED.