Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for OECD
OECDLREM64TTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.94
Year-over-Year Change
2.09%
Date Range
1/1/2007 - 1/1/2025
Summary
The OECD employment rate measures the percentage of the population aged 15 to 64 who are employed. This key labor market indicator provides insight into economic activity and growth.
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 OECD employment rate represents the share of the working-age population that is employed. It is a widely-used metric for assessing labor market health and economic performance across OECD countries.
Methodology
The data is collected through national labor force surveys and aggregated by the OECD.
Historical Context
Policymakers and economists closely monitor employment trends to inform economic and labor market policies.
Key Facts
- The OECD employment rate averaged 67.4% in 2021.
- Employment rates vary significantly across OECD countries.
- The employment rate is a leading indicator of economic health.
FAQs
Q: What does this economic trend measure?
A: The OECD employment rate measures the percentage of the working-age population (ages 15-64) that is employed across OECD countries.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a key indicator of labor market conditions and overall economic performance, providing insight into economic activity, growth, and employment.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and aggregated by the OECD.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor employment trends to inform economic and labor market policies, such as those related to job creation, workforce development, and social safety nets.
Q: Are there update delays or limitations?
A: The OECD employment rate data is published on a quarterly basis, with some potential for delays in data reporting from member countries.
Related Trends
Infra-Annual Labor Statistics: Unemployment Female: From 55 to 64 Years for OECD
OECDLFUN55FESTQ
Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for OECD
OECDB6BLTT01CXCUQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: 15 Years or over for OECD
OECDLFINTTFESTQ
Balance of Payments: Goods: Balance (Revenue Minus Expenditure) for OECD
OECDB6BLTD01CXCUQ
Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for OECD
OECDLFWATTTTSTSAQ
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: 15 Years or over for OECD
OECDLRACTTFESTQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for OECD (OECDLREM64TTSTQ), retrieved from FRED.