Number of Persons Engaged for France
EMPENGFRA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.53
Year-over-Year Change
5.71%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Number of Persons Engaged for France' tracks the total number of individuals employed in the French economy. This metric is a key indicator of labor market health 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
This data series, published by the OECD, represents the total number of persons engaged in productive activities within the French economy. It encompasses both employees and self-employed individuals, providing a comprehensive measure of labor market participation.
Methodology
The data is collected through household and business surveys conducted by the French national statistical agency.
Historical Context
Policymakers and economists closely monitor this indicator to assess the overall strength of the French labor market and broader economic conditions.
Key Facts
- France's number of persons engaged peaked at 26.7 million in 2019.
- The indicator declined during the COVID-19 pandemic, falling to 25.8 million in 2020.
- Tracking this metric is crucial for understanding France's economic performance and labor market trends.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Persons Engaged for France' tracks the total number of individuals employed in the French economy, including both employees and self-employed workers.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key measure of labor market health and overall economic activity in France. It provides valuable insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by the French national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess the strength of the French labor market and broader economic conditions, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for France (EMPENGFRA148NRUG), retrieved from FRED.