Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Norway
LREM25TTNOQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.45
Year-over-Year Change
-1.35%
Date Range
1/1/2000 - 1/1/2025
Summary
The Employment Rate Total: From 25 to 54 Years for Norway measures the percentage of working-age Norwegians between 25 and 54 years old who are employed. This key labor market indicator provides insights into the economic health and productivity of Norway's core working 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 employment rate statistic tracks the share of Norwegians in their prime working years who have jobs. It is a widely used metric for evaluating labor market performance and the strength of the Norwegian economy. Economists and policymakers monitor this trend to understand workforce participation and labor force dynamics.
Methodology
The data is collected through household surveys conducted by Statistics Norway.
Historical Context
Employment rates are important for assessing the overall state of the Norwegian economy and informing policy decisions.
Key Facts
- Norway's employment rate for 25-54 year olds was 87.3% in 2021.
- Employment rates for this age group have remained above 85% in Norway since 2010.
- Norway has one of the highest employment rates in the OECD for prime-age workers.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Norway measures the percentage of Norwegians aged 25 to 54 who are employed.
Q: Why is this trend relevant for users or analysts?
A: This employment rate statistic is a key indicator of labor market health and economic performance in Norway. It provides insights into workforce participation and productivity for the core working-age population.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Norway.
Q: How is this trend used in economic policy?
A: Employment rates are closely monitored by Norwegian policymakers and economists to assess the overall state of the labor market and broader economy, informing policy decisions.
Q: Are there update delays or limitations?
A: The employment rate data for Norway is published on a regular basis with minimal delays, providing timely insights into labor market conditions.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Norway (LREM25TTNOQ156S), retrieved from FRED.