Number of Persons Engaged for Chad
EMPENGTDA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.96
Year-over-Year Change
45.84%
Date Range
1/1/1960 - 1/1/2019
Summary
The 'Number of Persons Engaged for Chad' is an economic indicator that measures the total number of people employed in Chad's economy. This metric is important for understanding employment trends and labor market dynamics 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 people engaged in economic activity in Chad, including both employees and self-employed individuals. It is a key indicator of the overall size and health of the Chadian labor force and is used by economists and policymakers to assess the state of the country's economy.
Methodology
The data is collected through national labor force surveys and compiled by international organizations.
Historical Context
Policymakers and analysts use this indicator to inform economic and labor market policies in Chad.
Key Facts
- Chad's total number of persons engaged is over 6 million as of the latest data.
- The number of persons engaged has grown by 3% annually over the past 5 years.
- Employment in the agricultural sector accounts for the largest share of total persons engaged in Chad.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Persons Engaged for Chad' measures the total number of people employed in Chad's economy, including both employees and self-employed individuals.
Q: Why is this trend relevant for users or analysts?
A: This indicator is relevant for understanding the size and dynamics of Chad's labor market, which is crucial for assessing the overall state of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by international organizations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to inform economic and labor market policies in Chad, such as employment programs and workforce development initiatives.
Q: Are there update delays or limitations?
A: There may be delays in the availability of the most recent data, and the methodology for data collection may vary across different sources.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for Chad (EMPENGTDA148NRUG), retrieved from FRED.