Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Russia
RUSLREMTTTTSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.72
Year-over-Year Change
2.64%
Date Range
8/1/2009 - 12/1/2021
Summary
The Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Russia measures the percentage of the Russian population aged 15 and above who are employed. This metric is a key indicator of the overall health and productivity of the Russian labor market.
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
This series represents the employment-to-population ratio, which shows the proportion of the working-age population that is currently employed. It is a valuable indicator of labor market conditions and can help policymakers and analysts understand trends in workforce participation and economic activity.
Methodology
The data is collected through nationally representative labor force surveys conducted by the Russian Federal State Statistics Service.
Historical Context
This employment rate statistic is widely used by economists, policymakers, and market analysts to gauge the strength of the Russian economy and make informed decisions.
Key Facts
- The employment rate in Russia was 59.5% as of the latest data.
- Russia's employment rate has remained relatively stable over the past decade.
- The employment rate is an important indicator of economic performance and standard of living.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Russia measures the percentage of the Russian population aged 15 and above who are employed.
Q: Why is this trend relevant for users or analysts?
A: This employment rate statistic is a key indicator of the strength of the Russian labor market and overall economic conditions, making it relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through nationally representative labor force surveys conducted by the Russian Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: The employment rate is widely used by Russian policymakers and international institutions to gauge the health of the Russian economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The employment rate data is reported on an infra-annual basis, with some potential for minor delays in the release of the latest figures.
Related Trends
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Russian Federation
RUSFCLODCHXDC
Value of Exports to Russia from Illinois
ILRUSA052SCEN
Volatility of Stock Price Index for Russian Federation
DDSM01RUA066NWDB
Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Russia
RUSCP120000IXNBM
Number of Identified Exporters to Russia from Nevada
NVRUSA475SCEN
Amount Outstanding of Domestic Bonds and Notes in General Government Sector, Long-Term at Original Maturity, Residence of Issuer in Russia
DBNLTRIAOGGRU
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Russia (RUSLREMTTTTSTSAM), retrieved from FRED.