Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 24 Years for Finland
LRAC24FEFIA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54.38
Year-over-Year Change
7.78%
Date Range
1/1/1998 - 1/1/2024
Summary
The Labor Force Participation Rate Female: From 15 to 24 Years for Finland measures the proportion of Finnish women aged 15 to 24 who are employed or actively seeking work. This metric provides insight into the economic activity and labor market engagement of young Finnish women.
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 infra-annual labor statistic represents the percentage of the Finnish female population aged 15 to 24 that is either employed or actively looking for work. It is an important indicator of workforce participation and labor market trends among young women in the country.
Methodology
The data is collected through household surveys by Statistics Finland.
Historical Context
Policymakers and economists use this metric to analyze labor market dynamics and inform workforce development strategies.
Key Facts
- Finland's female labor force participation rate for ages 15-24 is around 50%.
- Young Finnish women have higher labor force participation than the EU average.
- The rate has seen gradual declines over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Finnish women aged 15 to 24 who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the labor market engagement and economic activity of young women in Finland, which is important for understanding workforce dynamics and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Finland.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze labor market trends and inform workforce development strategies in Finland.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual basis, so there may be some delay in the most recent figures being available.
Related Trends
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 24 Years for Finland (LRAC24FEFIA156N), retrieved from FRED.