Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Luxembourg
LRHU24FELUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.80
Year-over-Year Change
-13.95%
Date Range
1/1/1983 - 5/1/2025
Summary
The monthly unemployment rate for females aged 15 to 24 in Luxembourg measures the percentage of the female labor force in this age group who are jobless but actively seeking employment.
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 indicator provides insights into the labor market participation and economic conditions for young women in Luxembourg. It is widely used by policymakers, economists, and labor analysts to assess workforce trends and inform policies aimed at fostering youth employment.
Methodology
The data is collected through household surveys conducted by the Luxembourg national statistics office.
Historical Context
This metric is crucial for evaluating the effectiveness of labor market programs and policies targeting youth unemployment in Luxembourg.
Key Facts
- Luxembourg's youth unemployment rate is below the EU average.
- Unemployment is higher among young women than young men in Luxembourg.
- The government has implemented initiatives to promote female labor force participation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for females aged 15 to 24 in Luxembourg, providing insights into the labor market participation of young women.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating the effectiveness of labor market programs and policies targeting youth unemployment in Luxembourg.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Luxembourg national statistics office.
Q: How is this trend used in economic policy?
A: This indicator is widely used by policymakers, economists, and labor analysts to assess workforce trends and inform policies aimed at fostering youth employment in Luxembourg.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological constraints of the Luxembourg national statistics office.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Luxembourg (LRHU24FELUM156N), retrieved from FRED.