Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Estonia
LFEM24TTEEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.37
Year-over-Year Change
-111.46%
Date Range
4/1/2000 - 7/1/2023
Summary
The 'Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Estonia' series measures the total employment levels for individuals aged 15 to 24 in Estonia. This data is crucial for understanding labor force dynamics and youth employment trends in the country.
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 tracks the total number of employed persons aged 15 to 24 in Estonia. It provides a detailed view of the youth labor market and is used by economists, policymakers, and labor analysts to assess the economic health and development of the country.
Methodology
The data is collected through household surveys conducted by the Estonian statistical agency.
Historical Context
This employment trend is relevant for informing economic and social policies aimed at promoting youth employment and labor force participation.
Key Facts
- Estonia's youth employment rate is currently around 40%.
- Employment for 15-24 year-olds has seen a steady increase over the past decade.
- The youth employment trend is a key indicator of economic and social progress in Estonia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment levels for individuals aged 15 to 24 in Estonia, providing insights into the youth labor market.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding labor force dynamics and youth employment in Estonia, which is essential for informing economic and social policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Estonian statistical agency.
Q: How is this trend used in economic policy?
A: This employment trend is relevant for informing policies aimed at promoting youth employment and labor force participation in Estonia.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, but there may be some delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Estonia (LFEM24TTEEQ657S), retrieved from FRED.