Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Luxembourg
LFEAAGTTLUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,800.00
Year-over-Year Change
-16.42%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures total employment in the agriculture, forestry and fishing sectors in Luxembourg. It provides important insights into the health and composition of the Luxembourg economy.
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: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Luxembourg series tracks employment levels in these key economic sectors over time. This data is useful for analyzing labor market trends and the structure of the Luxembourg economy.
Methodology
The data is collected through labor force surveys conducted by national statistical agencies.
Historical Context
Policymakers and economists monitor this trend to assess the performance and outlook of Luxembourg's primary industries.
Key Facts
- Luxembourg's agriculture, forestry and fishing sectors employ over 15,000 workers.
- Employment in these sectors has remained relatively stable over the past decade.
- The agriculture, forestry and fishing industries contribute around 2% to Luxembourg's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in the agriculture, forestry and fishing sectors in Luxembourg.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the structure and performance of Luxembourg's primary industries, which is useful for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the outlook for Luxembourg's agriculture, forestry and fishing sectors and their contribution to the overall economy.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting due to the time required for labor force surveys and data compilation.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Luxembourg (LFEAAGTTLUA647S), retrieved from FRED.