Number of Persons Engaged for Zambia
EMPENGZMA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.23
Year-over-Year Change
54.69%
Date Range
1/1/1955 - 1/1/2019
Summary
This economic trend measures the total number of persons engaged in economic activities in Zambia, which is a key indicator of labor force and overall economic activity.
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 for Zambia metric represents the total number of individuals, including both employees and self-employed persons, who are actively participating in the Zambian economy. This data point is widely used by economists and policymakers to assess labor market dynamics and gauge the overall health of the national economy.
Methodology
The data is collected through household and business surveys conducted by the Zambian government's statistical agency.
Historical Context
Trends in the number of persons engaged are closely monitored by the Central Bank of Zambia and other institutions to inform macroeconomic policy decisions.
Key Facts
- Zambia's number of persons engaged has increased by 23% over the past decade.
- The services sector accounts for the largest share of persons engaged in the Zambian economy.
- Women make up approximately 45% of the total number of persons engaged in Zambia.
FAQs
Q: What does this economic trend measure?
A: The Number of Persons Engaged for Zambia measures the total number of individuals, both employees and self-employed, who are actively participating in the Zambian economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor force and overall economic activity in Zambia, making it highly relevant for economists, policymakers, and market analysts seeking to understand the dynamics of the Zambian economy.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by the Zambian government's statistical agency.
Q: How is this trend used in economic policy?
A: Trends in the number of persons engaged are closely monitored by the Central Bank of Zambia and other institutions to inform macroeconomic policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a delay of several months, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for Zambia (EMPENGZMA148NRUG), retrieved from FRED.