Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for Luxembourg
LRAC24MALUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.94
Year-over-Year Change
20.28%
Date Range
1/1/2007 - 1/1/2025
Summary
The labor force participation rate for males aged 15 to 24 in Luxembourg measures the proportion of this demographic that is either employed or actively seeking work. This metric provides insight into employment trends and economic activity among young workers.
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 labor force participation rate is a key economic indicator that tracks the share of the working-age population that is employed or actively looking for a job. The rate for 15 to 24-year-old males in Luxembourg specifically offers valuable insights into the labor market dynamics and participation levels of young workers in the country.
Methodology
This data is collected through household surveys conducted by the Luxembourg statistical agency.
Historical Context
Policymakers and economists monitor this metric to assess the state of the labor market and the economic opportunities available to young workers.
Key Facts
- Luxembourg has one of the highest youth labor force participation rates in Europe.
- The male 15-24 participation rate in Luxembourg has remained relatively stable over the past decade.
- Youth employment is a key focus area for Luxembourg's economic and social policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for males aged 15 to 24 in Luxembourg. It tracks the proportion of this demographic that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into employment trends and economic activity among young workers in Luxembourg, which is of interest to policymakers, economists, and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Luxembourg statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to assess the state of the labor market and the economic opportunities available to young workers in Luxembourg.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, so there may be some delays in the most recent figures being available.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for Luxembourg (LRAC24MALUQ156S), retrieved from FRED.