Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Russia
LFEAINTTRUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,342,840.00
Year-over-Year Change
0.31%
Date Range
1/1/1999 - 10/1/2021
Summary
This economic trend measures total employment in Russia's industries excluding construction. It provides insights into the broader labor market and 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: Industry (Except Construction): Total for Russia tracks the number of individuals employed in the Russian industrial sector, excluding the construction industry. This data series is a key indicator of the overall health and productivity of the Russian economy.
Methodology
The data is collected through surveys of Russian businesses and households.
Historical Context
This employment trend is closely watched by policymakers, analysts, and investors to gauge the strength of the Russian economy.
Key Facts
- Russia is the world's 11th largest economy by GDP.
- The industrial sector accounts for over 30% of Russia's GDP.
- Employment in Russia's industrial sector has seen steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in Russia's industrial sector, excluding the construction industry. It provides insight into overall economic activity and labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is a key indicator of the health and productivity of the Russian economy, which is closely watched by policymakers, analysts, and investors.
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: This employment trend is used by policymakers, economists, and market analysts to assess the strength of the Russian economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on an intra-annual basis, so there may be some delays in the most recent figures being available.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Russia (LFEAINTTRUQ647N), retrieved from FRED.