Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Russia
Quarterly, Seasonally Adjusted
RUSLREMTTTTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.65
Year-over-Year Change
0.08%
Date Range
10/1/2009 - 10/1/2021
Summary
The Quarterly, Seasonally Adjusted series measures the employment level of Russian residents. It is a key indicator of the health and performance of the Russian labor market and 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
This series tracks the total number of employed persons in Russia on a quarterly basis, with seasonal adjustments to account for recurring fluctuations. It provides insight into broader trends in workforce participation, labor demand, and overall economic activity.
Methodology
The data is collected through comprehensive household surveys conducted by the Russian Federal State Statistics Service.
Historical Context
Policymakers and analysts use this employment metric to inform economic forecasting, labor market policies, and assessments of the Russian business cycle.
Key Facts
- Russia has the largest employment level in Europe.
- Quarterly employment figures are released with a 2-month lag.
- Employment levels tend to peak in Q4 due to seasonal hiring.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series tracks the total number of employed persons in Russia on a quarterly basis, with adjustments for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides important insights into the health and performance of the Russian labor market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through comprehensive household surveys conducted by the Russian Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment data to inform economic forecasting, labor market policies, and assessments of the Russian business cycle.
Q: Are there update delays or limitations?
A: Quarterly employment figures are released with a 2-month lag, and the data may be subject to revisions.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (RUSLREMTTTTSTSAQ), retrieved from FRED.