Number of Persons Engaged for Sao Tome and Principe
EMPENGSTA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.06
Year-over-Year Change
39.41%
Date Range
1/1/1980 - 1/1/2019
Summary
The 'Number of Persons Engaged for Sao Tome and Principe' measures the total number of individuals employed or self-employed in Sao Tome and Principe. This metric is a key indicator of 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 tracks the total number of persons engaged in economic activity within Sao Tome and Principe, including both employees and self-employed individuals. It serves as an important barometer of the nation's labor force and can provide insights into broader macroeconomic trends.
Methodology
The data is collected through national labor force surveys and statistical reporting by the government of Sao Tome and Principe.
Historical Context
Policymakers and economists monitor this indicator to assess the health of the Sao Tome and Principe labor market and make informed decisions regarding economic and workforce policies.
Key Facts
- Sao Tome and Principe is a small island nation off the western coast of Africa.
- The economy of Sao Tome and Principe is largely dependent on agriculture and tourism.
- This employment metric is tracked by the International Labour Organization (ILO).
FAQs
Q: What does this economic trend measure?
A: The 'Number of Persons Engaged for Sao Tome and Principe' measures the total number of individuals employed or self-employed in the country's labor force.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the overall health and dynamics of the Sao Tome and Principe labor market, which is crucial for economic policymaking and analysis.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and statistical reporting by the government of Sao Tome and Principe.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this indicator to assess the state of the labor market and make informed decisions regarding economic and workforce policies in Sao Tome and Principe.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting and can be influenced by changes in survey methodologies or economic conditions within Sao Tome and Principe.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for Sao Tome and Principe (EMPENGSTA148NRUG), retrieved from FRED.