Unemployment to Population Rate: All Ages: Males for Luxembourg
LRUPTTMALUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.96
Year-over-Year Change
91.04%
Date Range
1/1/2003 - 1/1/2013
Summary
The Unemployment to Population Rate: All Ages: Males for Luxembourg measures the percentage of the male population in Luxembourg who are unemployed. This key economic indicator provides insights into the labor market and helps policymakers assess employment conditions.
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 data series tracks the ratio of unemployed males to the total male population in Luxembourg. It is a measure of labor underutilization and a complementary indicator to the unemployment rate, as it accounts for both employed and jobless individuals.
Methodology
The data is collected through household surveys conducted by the Luxembourg Statistical Office.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to evaluate the strength of the Luxembourgish economy and inform economic policy decisions.
Key Facts
- Luxembourg has one of the highest male employment rates in Europe.
- The unemployment to population ratio for Luxembourgish men has declined steadily since the early 2000s.
- Male labor force participation is a crucial component of Luxembourg's economic growth and competitiveness.
FAQs
Q: What does this economic trend measure?
A: The Unemployment to Population Rate: All Ages: Males for Luxembourg measures the percentage of the male population in Luxembourg who are unemployed and not working.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the strength of the Luxembourgish labor market and the utilization of the male workforce, which is a key driver of the country's economic performance.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Luxembourg Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess employment conditions, identify labor market imbalances, and inform policies aimed at promoting workforce participation and economic growth.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical lag of 1-2 months. There may be some limitations in terms of sample size and survey methodology, as with any household-based labor force data.
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Citation
U.S. Federal Reserve, Unemployment to Population Rate: All Ages: Males for Luxembourg (LRUPTTMALUA156N), retrieved from FRED.