Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 74 Years for France
LRIN74TTFRA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.80
Year-over-Year Change
-1.72%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the inactivity rate among individuals aged 15 to 74 in France. It provides insight into the overall labor force participation and engagement within the French economy.
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 inactivity rate represents the percentage of the population who are neither employed nor actively seeking work. This metric is used by economists and policymakers to assess labor market dynamics and potential workforce capacity.
Methodology
The data is collected through household surveys conducted by the French National Institute of Statistics and Economic Studies.
Historical Context
The inactivity rate is a key indicator for evaluating employment policies and workforce development initiatives.
Key Facts
- The inactivity rate in France was 31.9% as of the latest data.
- The inactivity rate has declined by 2 percentage points over the past 5 years.
- France has a higher inactivity rate compared to other major European economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inactivity rate, which represents the percentage of the population aged 15 to 74 in France who are neither employed nor actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The inactivity rate is a key indicator of labor force participation and workforce engagement, providing insight into the overall health and potential capacity of the French economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the French National Institute of Statistics and Economic Studies.
Q: How is this trend used in economic policy?
A: The inactivity rate is used by policymakers and economists to evaluate employment policies and workforce development initiatives in France.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delay in the most recent information being available.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 74 Years for France (LRIN74TTFRA156N), retrieved from FRED.