Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for France
Annual, Not Seasonally Adjusted
LFEASETTFRA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,728,650.00
Year-over-Year Change
16.77%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the total civilian labor force in France on an annual, not seasonally adjusted basis. It provides important insights into the overall size and composition of the French workforce.
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 Annual, Not Seasonally Adjusted labor force data for France tracks the total number of people employed or actively seeking employment in the country. This metric is a key indicator of the health and dynamics of the French economy.
Methodology
The data is collected through household surveys conducted by the French national statistics agency.
Historical Context
Policymakers and economists use this trend to analyze labor market conditions and inform economic policy decisions.
Key Facts
- France's annual labor force totaled over 29 million in 2021.
- The labor force participation rate in France was approximately 71% in 2021.
- France's unemployment rate averaged around 8% in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total civilian labor force in France on an annual, not seasonally adjusted basis. It captures the number of people employed or actively seeking employment in the country.
Q: Why is this trend relevant for users or analysts?
A: The size and dynamics of the French labor force are crucial indicators of the health and performance of the French economy. This data helps policymakers and economists assess labor market conditions and inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the French national statistics agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this labor force data to analyze labor market conditions and inform decisions on economic policies, such as employment, taxation, and social welfare programs.
Q: Are there update delays or limitations?
A: The data is published annually, so there may be a delay in the most recent information being available. Additionally, as a non-seasonally adjusted series, the data may be subject to fluctuations due to seasonal factors.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEASETTFRA647N), retrieved from FRED.