Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Russia
Quarterly, Seasonally Adjusted
RUSLREM24TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.16
Year-over-Year Change
-9.89%
Date Range
10/1/2009 - 10/1/2021
Summary
This series measures quarterly, seasonally adjusted employment in the Russian manufacturing sector. It provides valuable insights into the health and dynamics of the Russian economy.
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 Quarterly, Seasonally Adjusted series tracks changes in the number of people employed in Russian manufacturing industries on a quarterly basis. This metric is a key indicator of economic activity and labor market conditions in the industrial sector.
Methodology
The data is collected through surveys of Russian businesses and households and adjusted for seasonal variations.
Historical Context
Policymakers and analysts use this metric to assess the strength of the Russian manufacturing industry and make informed decisions about economic and labor market policies.
Key Facts
- The series dates back to 1999.
- Manufacturing accounts for over 15% of Russia's GDP.
- Employment in the sector has fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures quarterly, seasonally adjusted employment in the Russian manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and dynamics of the Russian economy, as manufacturing is a key driver of economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Russian businesses and households and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of the Russian manufacturing industry and make informed decisions about economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a delay of several months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (RUSLREM24TTSTSAQ), retrieved from FRED.