Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Czechia
LFEAICTTCZA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,834,575.00
Year-over-Year Change
-1.59%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures total employment, including construction, across all industries in Czechia. It provides valuable insights into the health and dynamics of the Czech labor market.
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 Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Czechia trend represents the total number of individuals employed in the Czech Republic, encompassing all economic sectors and including the construction industry. This metric is a key indicator of economic activity and labor market conditions.
Methodology
The data is collected through surveys and statistical reporting by the Czech Statistical Office.
Historical Context
Policymakers and analysts use this trend to evaluate the performance of the Czech economy and inform policy decisions.
Key Facts
- Czechia's total employment, including construction, was 5.31 million in 2021.
- Employment in Czechia has steadily increased since the global financial crisis.
- The construction industry accounts for around 8% of total employment in Czechia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in Czechia, across all economic sectors and including the construction industry.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the overall health and dynamics of the Czech labor market, which is a key indicator of economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys and statistical reporting by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the performance of the Czech economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Czechia (LFEAICTTCZA647N), retrieved from FRED.