Number of Persons Engaged for Greece
EMPENGGRA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.24
Year-over-Year Change
-12.83%
Date Range
1/1/1951 - 1/1/2019
Summary
The 'Number of Persons Engaged for Greece' metric tracks the total number of workers, including both employees and self-employed individuals, in the Greek economy. This data provides insights into the overall labor market and economic activity in the country.
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 productive activities in Greece, encompassing both employees and self-employed individuals. It is a key indicator used by economists and policymakers to assess the health and growth of the Greek labor market and broader economy.
Methodology
The data is collected through household and business surveys conducted by the Hellenic Statistical Authority.
Historical Context
The 'Number of Persons Engaged' trend is closely monitored by the Greek government, the European Union, and international organizations to inform economic and labor market policies.
Key Facts
- The metric includes both employees and self-employed individuals.
- Greece's 'Number of Persons Engaged' reached a peak in 2008 and has since declined.
- The data is released quarterly by the Hellenic Statistical Authority.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Persons Engaged for Greece' metric tracks the total number of workers, including both employees and self-employed individuals, participating in the Greek economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the overall health and growth of the Greek labor market and broader economic activity, which is crucial for policymakers, economists, and investors monitoring the country's economic performance.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by the Hellenic Statistical Authority.
Q: How is this trend used in economic policy?
A: The 'Number of Persons Engaged' trend is closely monitored by the Greek government, the European Union, and international organizations to inform economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Hellenic Statistical Authority, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for Greece (EMPENGGRA148NRUG), retrieved from FRED.