Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Finland
LFEM64TTFIQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,453,800.00
Year-over-Year Change
-0.68%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures total employment for individuals aged 15 to 64 in Finland. It provides valuable insights into the country's labor market dynamics and workforce participation.
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 Finland trend tracks the number of employed persons within the prime working-age population. This metric is a key indicator of labor market health and economic activity.
Methodology
The data is collected through household surveys conducted by national statistical agencies.
Historical Context
Policymakers and economists use this trend to assess Finland's economic performance and guide employment-related policies.
Key Facts
- Finland's employment rate for ages 15-64 was 72.3% in 2021.
- The trend has shown steady growth since the early 2000s.
- Employment is a key driver of economic growth and household income.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons aged 15 to 64 in Finland, providing insights into the country's labor market participation.
Q: Why is this trend relevant for users or analysts?
A: Employment is a crucial indicator of economic health and workforce utilization, making this trend valuable for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Finland's national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and institutions use this trend to assess the state of Finland's labor market and inform policies aimed at promoting employment and economic growth.
Q: Are there update delays or limitations?
A: The data is published on an intra-annual basis, with some potential for delays in data reporting or revisions by the collecting agencies.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Finland (LFEM64TTFIQ647N), retrieved from FRED.