Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Spain
LFAC64TTESQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,255,010.00
Year-over-Year Change
4.36%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the total labor force in Spain for individuals aged 15 to 64 years old. It provides important insights into the size and dynamics of the working-age population, which is crucial for policymakers and economists analyzing labor market 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
The Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Spain trend represents the total number of people in the labor force, including both employed and unemployed individuals, within the specified age range in Spain. This data is used to evaluate labor market participation, workforce size, and economic activity.
Methodology
The data is collected through household surveys conducted by the Spanish National Institute of Statistics.
Historical Context
This trend is widely used by policymakers, economists, and market analysts to assess the overall health and capacity of the Spanish labor market.
Key Facts
- Spain's labor force totaled 22.8 million in 2022.
- The working-age population (15-64) accounts for 66% of Spain's total population.
- Spain's labor force participation rate was 77.6% in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor force in Spain for individuals aged 15 to 64 years old, including both employed and unemployed individuals.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the size and dynamics of the working-age population in Spain, which is essential for policymakers and economists analyzing labor market conditions and economic activity.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Spanish National Institute of Statistics.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, economists, and market analysts to assess the overall health and capacity of the Spanish labor market, which informs economic policies and decision-making.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual basis, meaning it may have a short delay in availability compared to some other economic indicators.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Spain (LFAC64TTESQ647S), retrieved from FRED.