Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for OECD
OECDLREM24TTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.14
Year-over-Year Change
2.12%
Date Range
7/1/2010 - 1/1/2025
Summary
The OECD Employment Rate Total: From 15 to 24 Years trend measures the percentage of the population aged 15 to 24 who are employed. This key labor market indicator provides insights into youth employment and economic opportunities.
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 OECD indicator tracks the employment-to-population ratio for individuals aged 15 to 24, offering a gauge of labor market integration and labor force participation among youth. Economists and policymakers monitor this trend to understand workforce dynamics and evaluate policies aimed at promoting youth employment.
Methodology
The data is collected through national labor force surveys and compiled by the OECD.
Historical Context
Policymakers use this metric to assess the health of the labor market and the effectiveness of initiatives targeting youth employment.
Key Facts
- The OECD average youth employment rate was 45.1% in 2021.
- Youth employment rates vary significantly across OECD countries.
- Policies to improve youth employment are a priority for many governments.
FAQs
Q: What does this economic trend measure?
A: The OECD Employment Rate Total: From 15 to 24 Years measures the percentage of the population aged 15 to 24 who are employed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into youth labor market integration and participation, which are key indicators of economic opportunities and development.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by the OECD.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess the health of the labor market and the effectiveness of initiatives targeting youth employment.
Q: Are there update delays or limitations?
A: The data is updated on an infra-annual basis, with some potential for delays in data reporting across OECD member countries.
Related Trends
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 24 Years for OECD
OECDLFIN24FESTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for OECD
OECDLFIN55TTSTQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for OECD
OECDCPGREN01GYM
Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for OECD
OECDLRUN55FESTQ
Infra-Annual Labor Statistics: Labor Force Total: From 55 to 64 Years for OECD
OECDLFAC55TTSTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 24 Years for OECD
OECDLFIN24FESTSAQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for OECD (OECDLREM24TTSTQ), retrieved from FRED.