Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Russia

LFEAAGTTRUQ647N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4,055,531.00

Year-over-Year Change

-1.06%

Date Range

1/1/1999 - 10/1/2021

Summary

This economic trend measures total employment in the agriculture, forestry, and fishing sectors in Russia, providing insights into a key part of the country's economic activity.

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 Russia series tracks the number of individuals employed in these natural resource-based industries, which are vital to Russia's economy. Economists and policymakers use this data to analyze labor market trends and the overall health of the Russian economy.

Methodology

The data is collected through surveys of Russian businesses and households.

Historical Context

This employment trend is relevant for understanding Russia's economic performance and development.

Key Facts

  • Russia is a leading global producer of agricultural and forestry products.
  • Employment in these sectors accounts for a significant portion of the Russian workforce.
  • Trends in this data can signal changes in Russia's economic structure and growth.

FAQs

Q: What does this economic trend measure?

A: This trend measures total employment in the agriculture, forestry, and fishing sectors in Russia, providing insights into a key part of the country's economic activity.

Q: Why is this trend relevant for users or analysts?

A: This data is relevant for understanding the overall health and performance of the Russian economy, as these natural resource-based industries are vital to the country's economic development.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Russian businesses and households.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this employment data to analyze labor market trends and assess the broader state of the Russian economy, which can inform economic policies and development strategies.

Q: Are there update delays or limitations?

A: There may be delays in the availability of this data due to the complexity of collecting employment information across different sectors and regions within Russia.

Related Trends

Citation

U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Russia (LFEAAGTTRUQ647N), retrieved from FRED.