Infra-Annual Labor Statistics: Unemployment Rate Total: From 25 to 54 Years for Spain
LRUN25TTESQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.48
Year-over-Year Change
-21.91%
Date Range
1/1/1999 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Unemployment Rate Total: From 25 to 54 Years for Spain measures the unemployment rate for the prime working-age population in Spain. This metric is crucial for evaluating the health of the Spanish labor market and informing economic policymaking.
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 statistic represents the percentage of the Spanish labor force aged 25 to 54 who are currently unemployed. It provides a granular view of employment trends within Spain's core working-age population, which is vital for assessing the country's economic performance and identifying potential workforce challenges.
Methodology
The data is collected through household surveys by the Spanish National Statistics Institute.
Historical Context
This unemployment rate is closely monitored by Spanish policymakers, central bankers, and international economic institutions to gauge the strength of the Spanish economy.
Key Facts
- Spain's unemployment rate for 25-54 year-olds was 12.2% in 2022.
- Youth unemployment remains higher than prime-age unemployment in Spain.
- The unemployment rate varies significantly by region within Spain.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate for the population aged 25 to 54 in Spain, providing insights into employment within the prime working-age demographic.
Q: Why is this trend relevant for users or analysts?
A: This unemployment rate is a key indicator of the health of the Spanish labor market and economy, informing policy decisions and economic assessments.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Spanish National Statistics Institute.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and international institutions closely monitor this unemployment rate to gauge the strength of the Spanish economy and inform economic policies.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, with some delay compared to the reference period.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Total: From 25 to 54 Years for Spain (LRUN25TTESQ156S), retrieved from FRED.