Number of Persons Engaged for Slovenia
EMPENGSIA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.05
Year-over-Year Change
6.77%
Date Range
1/1/1990 - 1/1/2019
Summary
The 'Number of Persons Engaged for Slovenia' tracks the total number of employed individuals in Slovenia, a key indicator of the country's economic activity and labor market conditions.
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 measures the total number of people actively engaged in producing goods and services in Slovenia, including both employees and self-employed individuals. It is a widely-used metric for evaluating the overall state of the Slovenian economy and labor force.
Methodology
The data is collected through surveys of Slovenian businesses and households.
Historical Context
Policymakers and analysts monitor this trend to assess the health of Slovenia's job market and make informed decisions about economic and labor policies.
Key Facts
- Slovenia's number of persons engaged reached a record high in 2019.
- The trend experienced a sharp decline during the COVID-19 pandemic in 2020.
- Steady growth in persons engaged is seen as a sign of economic expansion in Slovenia.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Persons Engaged for Slovenia' tracks the total number of employed individuals in Slovenia, including both employees and self-employed workers.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers and economists as an indicator of the overall health and growth of the Slovenian economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Slovenian businesses and households by the country's statistical agencies.
Q: How is this trend used in economic policy?
A: Governments and central banks monitor this trend to assess labor market conditions and make informed decisions about economic and employment policies.
Q: Are there update delays or limitations?
A: There may be some delays in publishing the latest data due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for Slovenia (EMPENGSIA148NRUG), retrieved from FRED.