Infra-Annual Labor Statistics: Employment Total: 15 Years or over for France
Persons, Annual, Not Seasonally Adjusted
LFEMTTTTFRA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,965,000.00
Year-over-Year Change
12.25%
Date Range
1/1/1955 - 1/1/2024
Summary
This trend measures the total labor force, including employed and unemployed persons, in France on an annual basis. It provides important insights into the size and dynamics of the French labor market.
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 total labor force, also known as the economically active population, represents the number of individuals actively participating in the labor market, either employed or seeking employment. This metric is a crucial indicator of economic activity and labor market trends.
Methodology
The data is collected through household surveys conducted by the French national statistical agency.
Historical Context
Policymakers and economists use this labor force data to evaluate the overall state of the French economy and inform policies aimed at promoting employment and economic growth.
Key Facts
- France's total labor force was over 29 million in 2021.
- The labor force participation rate in France was approximately 71% in 2021.
- The French labor force has grown by an average of 0.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons in the French labor force, including both employed and unemployed individuals, on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: The size and dynamics of the labor force are crucial indicators of economic activity and employment, providing valuable insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the French national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this labor force data to evaluate the overall state of the French economy and inform policies aimed at promoting employment and economic growth.
Q: Are there update delays or limitations?
A: The data is published on an annual basis, with a typical delay of several months after the end of the reference year.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEMTTTTFRA647N), retrieved from FRED.