Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 24 Years for France
LRAC24TTFRQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.97
Year-over-Year Change
3.62%
Date Range
1/1/2003 - 1/1/2025
Summary
The Labor Force Participation Rate for French individuals aged 15 to 24 years old is an important economic indicator that measures the active labor supply in this demographic.
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 metric represents the percentage of the 15-to-24-year-old population in France that is either employed or actively seeking work. It provides insights into workforce trends and labor market dynamics for young adults.
Methodology
The data is collected through household surveys conducted by the French National Institute of Statistics and Economic Studies.
Historical Context
Policymakers and economists use this indicator to assess the labor market engagement of young workers and inform decisions on education, training, and employment programs.
Key Facts
- The labor force participation rate for 15-to-24-year-olds in France was 42.4% in 2022.
- France's youth labor force participation rate is below the OECD average of 46.4%.
- Youth unemployment remains a persistent challenge in the French labor market.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of the French population aged 15 to 24 years old that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate for young adults is an important indicator of labor market engagement and workforce dynamics, which are crucial for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the French National Institute of Statistics and Economic Studies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess the labor market engagement of young workers and inform decisions on education, training, and employment programs.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 24 Years for France (LRAC24TTFRQ156S), retrieved from FRED.