Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for Spain
LRAC24MAESQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.02
Year-over-Year Change
4.71%
Date Range
1/1/1999 - 1/1/2025
Summary
The Labor Force Participation Rate for Males aged 15-24 in Spain measures the active working population in this demographic. It provides insights into labor market participation and economic activity among young Spanish men.
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 labor force participation rate tracks the proportion of males aged 15-24 in Spain who are employed or actively seeking work. It is a key indicator of workforce dynamics and youth engagement in the Spanish economy.
Methodology
The data is collected through national labor force surveys conducted by the Spanish statistical agency.
Historical Context
This trend is closely monitored by policymakers and economists to understand youth employment trends and inform economic and labor market policies.
Key Facts
- The average labor force participation rate for Spanish males aged 15-24 was 46.6% in 2021.
- Spain's youth labor force participation rate has declined by over 10 percentage points since 2007.
- Young Spanish men have a lower labor force participation rate compared to the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for males aged 15-24 in Spain, indicating the proportion of this demographic that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into youth employment dynamics and engagement in the Spanish labor market, which is important for policymakers, economists, and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Spanish statistical agency.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and economists to understand youth employment trends and inform economic and labor market policies in Spain.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, but there may be some delays in publication due to the nature of labor force surveys.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for Spain (LRAC24MAESQ156S), retrieved from FRED.