Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Luxembourg
LRHUTTFELUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.18
Year-over-Year Change
7.07%
Date Range
1/1/1983 - 1/1/2024
Summary
This economic trend measures the monthly unemployment rate for females aged 15 and over in Luxembourg. It provides crucial insights into the labor force participation and economic conditions for 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 Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Luxembourg is a key indicator of the female labor market in the country. It tracks the percentage of the female labor force that is unemployed on a monthly basis, offering timely data to policymakers and analysts.
Methodology
The data is collected through national labor force surveys conducted by the statistical agency of Luxembourg.
Historical Context
This unemployment rate is used by economists and policymakers to assess the health of the Luxembourg labor market and inform economic and social policies.
Key Facts
- Luxembourg has one of the highest female labor force participation rates in the EU.
- The female unemployment rate in Luxembourg is typically lower than the overall rate.
- Tracking this metric helps policymakers address gender disparities in the labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for females aged 15 and over in Luxembourg. It provides insights into the labor force participation and economic conditions for women in the country.
Q: Why is this trend relevant for users or analysts?
A: This unemployment rate is a crucial indicator of the health of the Luxembourg labor market, especially for understanding the economic experiences of women. It informs policymakers and analysts about gender-specific labor force dynamics.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the statistical agency of Luxembourg.
Q: How is this trend used in economic policy?
A: This unemployment rate is used by economists and policymakers to assess the Luxembourg labor market and inform economic and social policies, particularly those aimed at addressing gender disparities.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, providing timely insights into the female labor market in Luxembourg. However, there may be some reporting lags or revisions to the original estimates.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Luxembourg (LRHUTTFELUA156N), retrieved from FRED.