Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for OECD
OECDLFEM24FEGPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.35
Year-over-Year Change
-86.52%
Date Range
4/1/2007 - 7/1/2023
Summary
This economic trend measures employment levels among females aged 15 to 24 in OECD countries. It provides important insights into labor market dynamics and workforce participation for a key demographic cohort.
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: Employment Female: From 15 to 24 Years for OECD metric tracks the total number of employed females between the ages of 15 and 24 in member countries of the Organization for Economic Cooperation and Development. This data is a valuable indicator of youth labor force participation and economic opportunity.
Methodology
The data is collected through national labor force surveys conducted by OECD member states.
Historical Context
This employment metric is widely used by economists, policymakers, and labor market analysts to assess economic conditions and guide policy decisions.
Key Facts
- OECD countries account for over 60% of global GDP.
- Youth unemployment is a persistent challenge across OECD economies.
- Female labor force participation is a key driver of economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment levels among females aged 15 to 24 in OECD countries, providing insights into youth labor force participation.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing labor market dynamics, economic opportunity, and policy decisions affecting a key demographic cohort.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by OECD member states.
Q: How is this trend used in economic policy?
A: This employment metric is widely used by economists, policymakers, and labor market analysts to guide policy decisions affecting youth and female workforce participation.
Q: Are there update delays or limitations?
A: The data may be subject to update delays due to the time required for national labor force surveys and OECD data aggregation.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for OECD (OECDLFEM24FEGPQ), retrieved from FRED.