Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for Luxembourg
LRHUADFELUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.16
Year-over-Year Change
4.21%
Date Range
1/1/1983 - 1/1/2024
Summary
The monthly unemployment rate for females aged 25 and over in Luxembourg measures the proportion of the labor force in this demographic that is without a job but actively seeking work.
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 data series provides insights into the labor market conditions and economic health of Luxembourg, particularly for women in the prime working-age population. It is a key indicator used by policymakers and economists to evaluate employment trends and inform economic policies.
Methodology
The data is collected through household surveys conducted by the Luxembourg statistical agency.
Historical Context
The unemployment rate is a critical metric for assessing the strength of the Luxembourg economy and the effectiveness of government policies.
Key Facts
- Luxembourg's female unemployment rate averaged 5.3% from 2010-2020.
- The rate peaked at 6.4% in 2015 during an economic slowdown.
- Women's unemployment has historically been lower than men's in Luxembourg.
FAQs
Q: What does this economic trend measure?
A: This data series measures the monthly unemployment rate for women aged 25 and over in Luxembourg. It quantifies the proportion of this labor force demographic that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The female unemployment rate is a key labor market indicator that provides insight into the economic conditions and employment opportunities for working-age women in Luxembourg. It is closely monitored by policymakers, economists, and businesses.
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: The female unemployment rate is used by policymakers and economists in Luxembourg to evaluate the effectiveness of labor market policies and inform decisions on issues like workforce development, gender equality, and social welfare programs.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short delay, making it a timely indicator of current labor market conditions. However, sample size limitations for certain demographic breakdowns may affect the statistical reliability of the unemployment rate estimates.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 25 Years or over for Luxembourg (LRHUADFELUA156S), retrieved from FRED.