Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Luxembourg
LREM25TTLUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.33
Year-over-Year Change
-1.69%
Date Range
1/1/2007 - 1/1/2025
Summary
The Employment Rate Total: From 25 to 54 Years for Luxembourg measures the percentage of the Luxembourgish population aged 25 to 54 who are employed. This key labor market indicator provides insight into the strength and utilization of the working-age population.
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 series represents the employment rate for the prime working-age population in Luxembourg, which is a crucial measure of economic activity and labor market health. It is widely used by economists and policymakers to assess the overall employment situation and identify potential areas for policy interventions.
Methodology
The data is collected through household surveys conducted by the Luxembourg statistical agency.
Historical Context
This employment rate trend is closely monitored by the European Central Bank and other institutions to inform macroeconomic analysis and policy decisions.
Key Facts
- Luxembourg has one of the highest employment rates in Europe.
- The employment rate for 25-54 year-olds is a key measure of economic health.
- This data is updated on an infra-annual basis by the Luxembourg statistical agency.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the Luxembourgish population aged 25 to 54 who are employed. It is a key indicator of labor market strength and utilization of the working-age population.
Q: Why is this trend relevant for users or analysts?
A: The employment rate for prime-age workers is a crucial metric for assessing the overall health of the Luxembourgish economy and labor market. It provides valuable insights for economists, policymakers, and 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: This employment rate trend is closely monitored by the European Central Bank and other institutions to inform macroeconomic analysis and policy decisions.
Q: Are there update delays or limitations?
A: This data is updated on an infra-annual basis by the Luxembourg statistical agency, so there may be some delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Luxembourg (LREM25TTLUQ156S), retrieved from FRED.