Number of Persons Engaged for Pakistan
EMPENGPKA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.09
Year-over-Year Change
32.49%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Number of Persons Engaged for Pakistan' metric tracks the total number of workers, both employees and self-employed, in the Pakistani economy. This key indicator provides insight into the overall level of economic activity and labor force participation.
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 producing goods and services in Pakistan, including both employees and self-employed workers. It is a broad measure of labor utilization that can be used to analyze trends in economic growth, productivity, and employment.
Methodology
The data is collected through household and establishment surveys conducted by the Pakistan Bureau of Statistics.
Historical Context
Policymakers and analysts use this metric to monitor the health of the Pakistani labor market and inform decisions around economic and employment policies.
Key Facts
- The series has been tracked since 1970.
- Pakistan's total persons engaged peaked at 66.4 million in 2019.
- The COVID-19 pandemic led to a 1.7% decline in persons engaged in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Persons Engaged for Pakistan' metric tracks the total number of workers, both employees and self-employed, in the Pakistani economy.
Q: Why is this trend relevant for users or analysts?
A: This broad measure of labor utilization provides insight into the overall level of economic activity and can inform analysis of growth, productivity, and employment trends in Pakistan.
Q: How is this data collected or calculated?
A: The data is collected through household and establishment surveys conducted by the Pakistan Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the health of the Pakistani labor market and inform decisions around economic and employment policies.
Q: Are there update delays or limitations?
A: The data is updated annually, with a potential delay of several months from the end of the reference year.
Related Trends
Expenditure-side Real GDP at Chained Purchasing Power Parities for Equatorial Guinea
RGDPESGQA666NRUG
Output-side Real GDP at chained Purchasing Power Parities for Morocco
RGDPOSMAA666NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for the Democratic Republic of the Congo
RGDPESCDA666NRUG
Number of Persons Engaged for Kazakhstan
EMPENGKZA148NRUG
Population for Costa Rica
POPTTLCRA148NRUG
Expenditure-side Real GDP at Chained Purchasing Power Parities for Cote d'Ivoire
RGDPESCIA666NRUG
Citation
U.S. Federal Reserve, Number of Persons Engaged for Pakistan (EMPENGPKA148NRUG), retrieved from FRED.