Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Czechia
LFAC74MACZQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,848,400.00
Year-over-Year Change
-2.55%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Czechia' metric tracks the size of the male labor force in Czechia for individuals aged 15 to 74. This data point is crucial for economists and policymakers to understand workforce dynamics and labor market trends.
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 men aged 15 to 74 who are actively participating in the Czechia labor force. It is an important indicator of the available workforce and can inform economic policies related to employment, education, and workforce development.
Methodology
The data is collected through household surveys conducted by the Czech Statistical Office.
Historical Context
Economists and policymakers use this metric to analyze the labor market and inform decisions related to economic growth, workforce policies, and social programs.
Key Facts
- The labor force includes both employed and unemployed individuals.
- Czechia has a population of over 10 million people.
- The data is published on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the size of the male labor force in Czechia for individuals aged 15 to 74. It provides insights into the available workforce and labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for economists and policymakers to understand workforce composition, labor market trends, and inform decisions related to employment, education, and economic growth.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze the labor market and inform decisions related to economic growth, workforce policies, and social programs.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with no known update delays or limitations.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Czechia (LFAC74MACZQ647N), retrieved from FRED.