Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for OECD
OECDLFEM25TTGPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.00
Year-over-Year Change
-100.12%
Date Range
4/1/2007 - 7/1/2023
Summary
This economic trend measures total employment for individuals aged 25 to 54 years in OECD countries. It is a key indicator of labor force participation and economic health.
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 Total metric tracks the number of employed persons between 25 and 54 years old across the OECD. This age group is considered the core of the working population and is an important barometer of overall labor market conditions.
Methodology
The data is collected through household and labor force surveys conducted by national statistical agencies.
Historical Context
Policymakers and economists use this indicator to assess economic performance and make informed decisions.
Key Facts
- The OECD employment rate for ages 25-54 was 79.3% in 2021.
- Employment in this age group declined during the COVID-19 pandemic but has since recovered.
- Women's participation in the core-age labor force varies significantly across OECD countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment for individuals aged 25 to 54 years across OECD countries. It is a key indicator of labor force participation and economic health.
Q: Why is this trend relevant for users or analysts?
A: The 25-54 age group is considered the core of the working population, so this metric provides important insights into overall labor market conditions and economic performance.
Q: How is this data collected or calculated?
A: The data is collected through household and labor force surveys conducted by national statistical agencies in OECD member countries.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess economic performance and make informed decisions about employment, labor force, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, but there may be some delays due to the time required for national statistical agencies to collect and compile the information.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for OECD (OECDLFEM25TTGPQ), retrieved from FRED.