Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Finland
LFEM24TTFIA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
262,300.00
Year-over-Year Change
-0.55%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures total employment for individuals aged 15 to 24 in Finland. It provides valuable insights into youth labor market dynamics and is an important indicator for policymakers and economists.
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 Total: From 15 to 24 Years for Finland measures the total number of employed individuals within the 15 to 24 age group in Finland. This data series is a key indicator of youth labor market participation and can be used to analyze trends in workforce entry, unemployment, and economic opportunities for young adults.
Methodology
The data is collected through household surveys conducted by national statistical agencies.
Historical Context
This trend is widely used by policymakers, labor economists, and market analysts to assess the health of the Finnish labor market and develop targeted economic policies.
Key Facts
- Finland's youth employment rate is among the highest in Europe.
- Employment for 15-24 year-olds has steadily increased since the 2008 financial crisis.
- Youth employment is a key indicator of economic opportunity and future growth potential.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed individuals aged 15 to 24 in Finland. It provides insights into youth labor market participation and dynamics.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of economic opportunity and labor market health for young adults in Finland. It is widely used by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by national statistical agencies in Finland.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, labor economists, and market analysts to assess the health of the Finnish labor market and develop targeted economic policies to support youth employment.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in survey coverage, but the Infra-Annual Labor Statistics series provides timely insights into youth employment trends in Finland.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Finland (LFEM24TTFIA647N), retrieved from FRED.