Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Israel
Quarterly, Not Seasonally Adjusted
LFAC74TTILQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,527,800.00
Year-over-Year Change
5.75%
Date Range
1/1/1995 - 4/1/2025
Summary
This economic trend measures the total labor force of individuals aged 16 years and over in Taiwan on a quarterly basis without seasonal adjustments.
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 total labor force in Taiwan is a key indicator of the size and composition of the working-age population. Policymakers and economists analyze this data to assess labor market conditions and inform economic policy decisions.
Methodology
The data is collected through household surveys conducted by the Directorate-General of Budget, Accounting and Statistics in Taiwan.
Historical Context
This trend is used to track Taiwan's labor market and workforce dynamics over time.
Key Facts
- Taiwan's total labor force is over 11 million people.
- The labor force participation rate in Taiwan is around 59%.
- Quarterly labor force data is released with a 2-month lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor force in Taiwan, which includes all individuals aged 16 and over who are employed or actively seeking work, on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The total labor force is a crucial indicator of the size and composition of the working-age population in Taiwan, which is essential for policymakers and economists to assess labor market conditions and inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Directorate-General of Budget, Accounting and Statistics in Taiwan.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to track Taiwan's labor market and workforce dynamics over time, which informs decisions related to employment, education, and economic development policies.
Q: Are there update delays or limitations?
A: The quarterly labor force data for Taiwan is released with a 2-month lag, and the lack of seasonal adjustments may limit direct comparisons to other labor market indicators.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC74TTILQ647N), retrieved from FRED.