Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Russia
RUSLREM64TTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.37
Year-over-Year Change
1.85%
Date Range
10/1/2009 - 10/1/2021
Summary
The 'Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Russia' trend measures the percentage of the Russian population aged 15 to 64 who are employed. This key economic indicator provides insights into the strength and resilience of Russia's labor market.
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 quarterly series tracks the employment rate, which represents the share of the working-age population that is currently employed. It is a vital metric for assessing the overall health and utilization of the labor force in Russia.
Methodology
The data is collected through household surveys conducted by the Russian Federal State Statistics Service.
Historical Context
The employment rate is closely monitored by policymakers, economists, and market analysts to gauge the performance of the Russian economy.
Key Facts
- The employment rate in Russia is currently around 68%.
- Russia's employment rate has remained relatively stable over the past decade.
- The employment rate is a key measure of economic health and labor market performance.
FAQs
Q: What does this economic trend measure?
A: The 'Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Russia' trend measures the percentage of the Russian population aged 15 to 64 who are employed.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a vital indicator of the strength and resilience of Russia's labor market, providing insights into the overall health and utilization of the working-age population.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Russian Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: The employment rate is closely monitored by policymakers, economists, and market analysts to gauge the performance of the Russian economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The employment rate data is released on a quarterly basis, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Russia (RUSLREM64TTSTQ), retrieved from FRED.