Infra-Annual Labor Statistics: Employees Total for OECD
OECDLFESEETTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
517,008,200.00
Year-over-Year Change
5.10%
Date Range
7/1/2010 - 10/1/2017
Summary
This data series tracks the total number of employees in OECD countries, providing a high-frequency indicator of labor market conditions across major developed economies.
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: Employees Total for OECD measures the total number of people employed in the labor forces of the 38 member countries of the Organization for Economic Cooperation and Development. This timely data series is used by economists and policymakers to monitor employment trends and assess the health of global labor markets.
Methodology
The data is collected from national statistical agencies and aggregated by the OECD.
Historical Context
This employment metric is closely watched by central banks, finance ministries, and market analysts to gauge economic performance and guide policy decisions.
Key Facts
- The OECD has 38 member countries as of 2023.
- Employment data is reported on a monthly basis.
- The series dates back to January 2000.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of employed individuals across the 38 member countries of the OECD, providing a high-frequency indicator of labor market conditions in major developed economies.
Q: Why is this trend relevant for users or analysts?
A: The Infra-Annual Labor Statistics: Employees Total for OECD is a closely watched metric used by economists, policymakers, and market analysts to gauge the overall health of global labor markets and inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected from national statistical agencies and aggregated by the OECD to provide a harmonized, cross-country employment series.
Q: How is this trend used in economic policy?
A: Central banks, finance ministries, and other economic institutions monitor this employment metric to assess macroeconomic conditions and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Infra-Annual Labor Statistics: Employees Total for OECD is reported on a monthly basis with a relatively short publication lag, providing timely insights into labor market dynamics across OECD countries.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employees Total for OECD (OECDLFESEETTSTSAQ), retrieved from FRED.