Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Spain
LFAC74TTESQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,535,600.00
Year-over-Year Change
4.86%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Spain' tracks the size of the working-age population in Spain on a quarterly basis. This measure is important for economists and policymakers to assess labor market trends and inform economic policies.
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 series represents the total size of the Spanish labor force, including both employed and unemployed individuals aged 15 to 74 years. It provides a more granular view of labor market dynamics compared to annual data and helps identify seasonal patterns.
Methodology
The data is collected through household surveys conducted by the Spanish statistical agency.
Historical Context
Policymakers use this indicator to monitor the health of the Spanish labor market and make informed decisions about employment, fiscal, and economic policies.
Key Facts
- The labor force in Spain comprises over 23 million individuals.
- The labor force participation rate in Spain is around 60%.
- Spain's labor force has seen fluctuations due to economic cycles.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total size of the labor force in Spain, including both employed and unemployed individuals aged 15 to 74 years.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a timely and granular view of the Spanish labor market, which is crucial for economists and policymakers to assess employment dynamics and inform economic policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Spanish statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers use this indicator to monitor the health of the Spanish labor market and make informed decisions about employment, fiscal, and economic policies.
Q: Are there update delays or limitations?
A: The data is updated on a quarterly basis, with a delay of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Spain (LFAC74TTESQ647N), retrieved from FRED.