Number of Persons Engaged for the Democratic Republic of the Congo
EMPENGCDA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.14
Year-over-Year Change
32.63%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Number of Persons Engaged for the Democratic Republic of the Congo' measures the total employment in the Democratic Republic of the Congo. This is a key economic indicator for understanding the state of the Congolese labor market and broader economic conditions.
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 individuals engaged in economic activity within the Democratic Republic of the Congo, including both formal and informal employment. It is an important metric for assessing the overall health and trends of the Congolese economy.
Methodology
The data is collected through household and business surveys conducted by the Congolese National Institute of Statistics.
Historical Context
Policymakers and analysts use this employment metric to gauge the performance of the Congolese economy and make informed decisions.
Key Facts
- The Democratic Republic of the Congo is the second-largest country in Africa by area.
- Agriculture is a major sector of the Congolese economy, employing a significant portion of the workforce.
- The Democratic Republic of the Congo has faced political and economic instability in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals engaged in economic activity within the Democratic Republic of the Congo, including both formal and informal employment.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of the overall health and performance of the Congolese economy, which is important for policymakers and analysts to understand.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by the Congolese National Institute of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment metric to gauge the performance of the Congolese economy and make informed decisions about economic policies and interventions.
Q: Are there update delays or limitations?
A: The data may be subject to delays in collection and publication by the Congolese statistical agency, and there may be limitations in coverage or accuracy due to the challenges of data collection in the country.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for the Democratic Republic of the Congo (EMPENGCDA148NRUG), retrieved from FRED.