Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 24 Years for OECD
OECDLFIN24FESTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44,469,020.00
Year-over-Year Change
-0.39%
Date Range
7/1/2010 - 1/1/2025
Summary
This trend measures the number of females aged 15 to 24 who are not participating in the labor force in OECD countries. It provides insights into labor market participation and economic activity among young women.
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: Persons Outside the Labor Force Female: From 15 to 24 Years for OECD' series tracks the number of females aged 15 to 24 who are not employed or actively seeking work in OECD member nations. This metric is used by economists and policymakers to analyze youth labor force participation and potential economic constraints.
Methodology
The data is collected through national labor force surveys in OECD countries.
Historical Context
This trend is relevant for understanding labor market dynamics and evaluating policies aimed at increasing young women's economic engagement.
Key Facts
- OECD includes 38 member countries as of 2023.
- Youth labor force participation is a key indicator of economic health.
- Females aged 15-24 make up a significant portion of the potential labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of females aged 15 to 24 who are not participating in the labor force in OECD countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into youth labor market participation and potential economic constraints, which is crucial for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys in OECD member countries.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding labor market dynamics and evaluating policies aimed at increasing young women's economic engagement.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and survey methods of individual OECD member countries.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 24 Years for OECD (OECDLFIN24FESTSAQ), retrieved from FRED.