Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for Estonia
Seasonally Adjusted
LREMTTFEEEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58.20
Year-over-Year Change
15.59%
Date Range
1/1/2000 - 1/1/2024
Summary
The Seasonally Adjusted Employment-Population Ratio tracks the percentage of the civilian non-institutional population aged 16 and over who are employed. This key economic indicator provides insight into labor market trends and the overall strength of the economy.
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 Seasonally Adjusted Employment-Population Ratio represents the ratio of employed persons to the total civilian non-institutional population. It is a comprehensive measure of labor market participation and a leading indicator of economic performance.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This metric is closely watched by policymakers, analysts, and investors to gauge the health of the U.S. labor market and broader economic conditions.
Key Facts
- The ratio currently stands at around 60%.
- The ratio has rebounded from pandemic lows but remains below pre-recession levels.
- Changes in the ratio reflect shifts in both employment and population.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Employment-Population Ratio measures the percentage of the civilian non-institutional population aged 16 and over who are employed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insight into labor market participation and the overall strength of the economy, making it a key indicator watched by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Employment-Population Ratio is used by the Federal Reserve and other policymakers to assess the health of the labor market and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a brief lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Employment-Population Ratio (LREMTTFEEEA156S), retrieved from FRED.