Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Luxembourg
LFHUADFELUM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,000.00
Year-over-Year Change
20.00%
Date Range
1/1/1983 - 11/1/2023
Summary
The Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Luxembourg measures the unemployment rate for women aged 25 and older in Luxembourg. This key economic indicator provides insight into the country's labor market 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
This employment statistic is part of the Harmonized Unemployment Rates (HUR) dataset, a standardized measure of unemployment used across OECD countries. It represents the share of the female labor force aged 25 and above that is without work but actively seeking and available for employment.
Methodology
The data is collected through household labor force surveys conducted monthly by the national statistical agency.
Historical Context
Policymakers and analysts use this metric to assess the health of Luxembourg's labor market and inform economic policies.
Key Facts
- Luxembourg's female unemployment rate was 5.3% as of the latest data.
- Unemployment tends to be lower for women aged 25+ compared to younger female workers.
- The female unemployment rate is an important indicator of economic inclusion and labor force participation.
FAQs
Q: What does this economic trend measure?
A: This metric measures the unemployment rate for women aged 25 and older in Luxembourg. It represents the share of the female labor force that is without work but actively seeking and available for employment.
Q: Why is this trend relevant for users or analysts?
A: This unemployment statistic provides important insights into the health and dynamics of Luxembourg's labor market, particularly in terms of economic participation and inclusion for women.
Q: How is this data collected or calculated?
A: The data is collected through monthly household labor force surveys conducted by Luxembourg's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess labor market conditions and inform economic policies aimed at promoting employment and workforce participation, especially for women.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 months after the reference period. There may also be revisions to previously reported figures.
Related Trends
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Luxembourg (LFHUADFELUM647N), retrieved from FRED.