Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Spain
LFEM64TTESA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,300,070.00
Year-over-Year Change
21.87%
Date Range
1/1/1999 - 1/1/2024
Summary
This trend measures total employment for individuals aged 15 to 64 in Spain. It provides important insights into the country's labor market and overall economic health.
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 64 Years for Spain metric tracks the number of people employed within the prime working-age population. It is a key indicator used by economists and policymakers to assess labor force participation, employment trends, and the strength of the Spanish economy.
Methodology
The data is collected through household surveys conducted by the Spanish National Statistics Institute.
Historical Context
This metric is closely monitored by the Spanish government, the European Union, and international organizations to inform economic and labor market policies.
Key Facts
- Spain's employment rate for ages 15-64 was 64.1% in 2021.
- Youth employment (ages 15-24) in Spain was 29.7% in 2021.
- Spain's employment levels have not yet recovered to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in Spain who are between the ages of 15 and 64.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into the strength of Spain's labor market and the overall health of the Spanish economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Spanish National Statistics Institute.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by the Spanish government, the European Union, and international organizations to inform economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in data availability.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Spain (LFEM64TTESA647N), retrieved from FRED.