Number of Persons Engaged for Antigua and Barbuda
EMPENGAGA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.04
Year-over-Year Change
20.70%
Date Range
1/1/1991 - 1/1/2008
Summary
The 'Number of Persons Engaged for Antigua and Barbuda' measures the total number of individuals employed in the Antiguan and Barbudan economy. This key labor market indicator provides insight into the overall level of economic activity.
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 total number of persons engaged in production in Antigua and Barbuda, including both employees and self-employed individuals. It is a widely used metric for evaluating the strength and growth of the Antiguan and Barbudan labor market and overall economy.
Methodology
The data is collected through surveys of businesses and households in Antigua and Barbuda.
Historical Context
Policymakers and economists closely monitor this trend to assess the health of the Antiguan and Barbudan economy and guide economic policies.
Key Facts
- Antigua and Barbuda is a two-island nation in the Caribbean.
- The economy is heavily dependent on tourism and financial services.
- Employment levels are a key indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Persons Engaged for Antigua and Barbuda' measures the total number of individuals employed in the Antiguan and Barbudan economy, including both employees and self-employed persons.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall strength and growth of the Antiguan and Barbudan labor market and economy, which is crucial information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households in Antigua and Barbuda.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the health of the Antiguan and Barbudan economy and guide economic policies, such as those related to employment, labor market regulations, and economic development.
Q: Are there update delays or limitations?
A: There may be delays in the reporting of this data, and the accuracy can be affected by factors such as survey response rates and changes in data collection methodologies.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for Antigua and Barbuda (EMPENGAGA148NRUG), retrieved from FRED.