Number of Persons Engaged for Saint Vincent and the Grenadines
EMPENGVCA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.04
Year-over-Year Change
8.71%
Date Range
1/1/1980 - 1/1/2019
Summary
This economic trend measures the total number of persons engaged in economic activity in Saint Vincent and the Grenadines. It provides important insights into the island nation's labor market and overall economic performance.
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
The 'Number of Persons Engaged' statistic tracks the total count of individuals actively participating in the Saint Vincent and the Grenadines economy, including both employees and self-employed workers. This metric is a key indicator of the country's productive capacity and can inform policy decisions and economic analysis.
Methodology
The data is collected through national labor force surveys conducted by the government of Saint Vincent and the Grenadines.
Historical Context
This employment trend is closely monitored by policymakers, economists, and international organizations to assess the health of the Saint Vincentian economy.
Key Facts
- Saint Vincent and the Grenadines is a small island nation in the Caribbean.
- The number of persons engaged is a comprehensive measure of labor force participation.
- This trend can signal changes in economic growth and productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals actively participating in the economy of Saint Vincent and the Grenadines, including both employees and self-employed workers.
Q: Why is this trend relevant for users or analysts?
A: The number of persons engaged is a key indicator of a country's productive capacity and labor market conditions, providing important insights for policymakers, economists, and others analyzing the Saint Vincentian economy.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the government of Saint Vincent and the Grenadines.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by policymakers, economists, and international organizations to assess the overall health and performance of the Saint Vincentian economy.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the national statistical agency of Saint Vincent and the Grenadines.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for Saint Vincent and the Grenadines (EMPENGVCA148NRUG), retrieved from FRED.