Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Japan

Annual, Not Seasonally Adjusted

LFAC74MAJPA647N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

36,550,000.00

Year-over-Year Change

-1.58%

Date Range

1/1/1978 - 1/1/2024

Summary

This economic trend measures the annual civilian labor force participation rate in Panama, a key indicator of the size and composition of the 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

The civilian labor force participation rate represents the percentage of the civilian working-age population that is either employed or actively seeking employment. This metric is widely used by economists and policymakers to analyze labor market dynamics and workforce trends.

Methodology

The data is collected through household surveys conducted by the National Institute of Statistics and Census of Panama.

Historical Context

Trends in labor force participation provide important insights for economic and workforce development policies.

Key Facts

  • Panama's annual labor force participation rate was 62.4% in 2021.
  • The participation rate has declined from a high of 66.3% in 2012.
  • Women's participation rate is lower than men's in Panama.

FAQs

Q: What does this economic trend measure?

A: This trend measures the annual civilian labor force participation rate in Panama, which represents the percentage of the working-age population that is employed or actively seeking work.

Q: Why is this trend relevant for users or analysts?

A: Labor force participation is a key indicator of the size and composition of the labor market, providing important insights for economic and workforce development policies.

Q: How is this data collected or calculated?

A: The data is collected through household surveys conducted by the National Institute of Statistics and Census of Panama.

Q: How is this trend used in economic policy?

A: Trends in labor force participation are used by policymakers and economists to analyze labor market dynamics and inform workforce development strategies.

Q: Are there update delays or limitations?

A: The data is published annually, with a delay of approximately one year.

Related Trends

Citation

U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC74MAJPA647N), retrieved from FRED.