Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Spain
LFEM74TTESA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,634,050.00
Year-over-Year Change
22.80%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures total employment for individuals aged 15 to 74 years in Spain. It provides valuable insights into the Spanish labor market and workforce dynamics.
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 74 Years for Spain series tracks the number of employed individuals within the 15-74 age range in Spain. This metric offers a comprehensive view of the Spanish labor force and is used by economists and policymakers to assess overall employment trends and labor market health.
Methodology
The data is collected through household surveys conducted by the Spanish National Statistics Institute.
Historical Context
This employment statistic is closely monitored by Spanish government agencies and international organizations to inform economic policies and labor market initiatives.
Key Facts
- Spain's total employment for ages 15-74 was 23.6 million as of 2022.
- The employment rate for this age group in Spain was 61.8% in 2022.
- Spain's employment levels have gradually recovered since the 2008 financial crisis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed individuals aged 15 to 74 years in Spain, providing a comprehensive view of the Spanish labor force.
Q: Why is this trend relevant for users or analysts?
A: This employment statistic is a crucial indicator of labor market health and workforce dynamics in Spain, and is closely monitored by policymakers and economists.
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 employment statistic is used by Spanish government agencies and international organizations to inform economic policies and labor market initiatives.
Q: Are there update delays or limitations?
A: The data is published regularly by the Spanish National Statistics Institute, with minimal update delays.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Spain (LFEM74TTESA647S), retrieved from FRED.