Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Luxembourg
LREM24FELUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.50
Year-over-Year Change
42.14%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the employment rate for females aged 15 to 24 years in Luxembourg. It provides key insights into the labor force participation and employment patterns of young women in the country.
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 employment rate for females aged 15 to 24 in Luxembourg is an important indicator of the economic opportunities and participation of young women in the national labor market. It is used by policymakers and analysts to evaluate workforce trends and labor force dynamics.
Methodology
This data is collected through national labor force surveys conducted by the Luxembourg statistical agency.
Historical Context
Policymakers and labor market analysts closely monitor this trend to inform workforce development initiatives and labor market policies.
Key Facts
- Luxembourg's female youth employment rate was 32.7% in 2021.
- Youth employment lags behind the overall national employment rate in Luxembourg.
- Female labor force participation is a key policy focus in Luxembourg.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for females aged 15 to 24 years in Luxembourg. It provides insights into the labor force participation of young women in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for evaluating the economic opportunities and workforce dynamics for young women in Luxembourg. It informs policymakers and labor market analysts on employment patterns and labor force participation.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Luxembourg statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and labor market analysts closely monitor this trend to inform workforce development initiatives and labor market policies in Luxembourg.
Q: Are there update delays or limitations?
A: There may be update delays or limitations inherent in the national labor force survey data collection process.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Luxembourg (LREM24FELUA156N), retrieved from FRED.