Number of Persons Engaged for Argentina
EMPENGARA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.64
Year-over-Year Change
21.71%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Number of Persons Engaged for Argentina' measures the total number of individuals employed in Argentina's economy, including both employees and self-employed workers. This metric is a key indicator of labor market conditions and overall 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
The 'Number of Persons Engaged' statistic represents the total number of individuals engaged in productive economic activities in Argentina, regardless of their employment status. It provides a comprehensive view of the country's labor force and is used by economists and policymakers to analyze workforce trends and gauge the health of the broader economy.
Methodology
This data is collected through surveys and administrative records by Argentina's national statistical agency.
Historical Context
The 'Number of Persons Engaged' is a valuable input for macroeconomic analysis and policy decisions related to employment, productivity, and economic growth.
Key Facts
- Argentina's workforce totaled over 18 million persons engaged in 2022.
- The 'Number of Persons Engaged' has grown by 10% over the past decade.
- Self-employed workers account for approximately 25% of Argentina's total persons engaged.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Persons Engaged for Argentina' measures the total number of individuals employed or self-employed in Argentina's economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a comprehensive view of Argentina's labor force and is a key indicator of overall economic activity and workforce trends.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by Argentina's national statistical agency.
Q: How is this trend used in economic policy?
A: The 'Number of Persons Engaged' is a valuable input for macroeconomic analysis and policy decisions related to employment, productivity, and economic growth.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical figures as more information becomes available.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for Argentina (EMPENGARA148NRUG), retrieved from FRED.