Number of Persons Engaged for Congo
EMPENGCGA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.02
Year-over-Year Change
55.51%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures the number of persons engaged in the Republic of the Congo, providing insight into the country's labor force and 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 for Congo is an important indicator of the size and composition of the Congo's workforce. It reflects the total number of individuals actively involved in economic production, including both employees and self-employed persons.
Methodology
This data is collected through household and business surveys conducted by national statistical agencies.
Historical Context
Policymakers and economists use this metric to assess the state of the Congolese labor market and inform economic and workforce development strategies.
Key Facts
- The Republic of the Congo is a central African country.
- The labor force is a key driver of economic growth.
- This metric tracks both formal and informal employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals engaged in economic production in the Republic of the Congo, including both employees and self-employed persons.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the size and composition of the Congolese labor force, which is crucial for understanding the country's economic activity and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by national statistical agencies in the Republic of the Congo.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the state of the Congolese labor market and inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting and may not capture all informal economic activity in the country.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for Congo (EMPENGCGA148NRUG), retrieved from FRED.