Number of Persons Engaged for Kazakhstan

EMPENGKZA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8.82

Year-over-Year Change

18.45%

Date Range

1/1/1990 - 1/1/2019

Summary

The Number of Persons Engaged for Kazakhstan measures the total number of people actively employed in the Kazakhstani economy. 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

This series represents the total number of persons engaged in economic production activities in Kazakhstan, including both employees and self-employed individuals. It is a broad measure of labor utilization that provides insights into the scale and dynamics of the Kazakhstani workforce.

Methodology

The data is collected through national labor force surveys conducted by the statistical agency of Kazakhstan.

Historical Context

Policymakers and analysts use this metric to assess the health and growth of the Kazakhstani economy.

Key Facts

  • Kazakhstan is the largest economy in Central Asia.
  • The service sector accounts for over 60% of Kazakhstan's GDP.
  • Agriculture employs about 18% of the Kazakhstani workforce.

FAQs

Q: What does this economic trend measure?

A: The Number of Persons Engaged for Kazakhstan measures the total number of people actively employed in the Kazakhstani economy, including both employees and self-employed individuals.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the scale and dynamics of the Kazakhstani labor market, which is a key indicator of overall economic activity and growth.

Q: How is this data collected or calculated?

A: The data is collected through national labor force surveys conducted by the statistical agency of Kazakhstan.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess the health and growth of the Kazakhstani economy, informing decisions on economic and labor market policies.

Q: Are there update delays or limitations?

A: The data may be subject to periodic updates and revisions by the Kazakhstani statistical agency.

Related Trends

Citation

U.S. Federal Reserve, Number of Persons Engaged for Kazakhstan (EMPENGKZA148NRUG), retrieved from FRED.