Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Czechia
LFEAINTTCZA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,420,325.00
Year-over-Year Change
-1.32%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures total employment in the Czech Republic, excluding the construction industry. It is a key indicator of economic activity and a critical data point for policymakers and analysts monitoring 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 (Except Construction): Total for Czechia series provides a detailed view of employment trends in the Czech Republic, excluding the construction sector. This data is used by economists and policymakers to assess the broader health and resilience of the Czech economy.
Methodology
The data is collected through household and business surveys conducted by the Czech Statistical Office.
Historical Context
This employment trend is closely watched by the Czech National Bank and other institutions to inform economic and monetary policy decisions.
Key Facts
- The Czech Republic has a highly industrialized economy.
- Employment in the Czech Republic's industrial sector (excluding construction) accounts for over 30% of total employment.
- This employment trend is a leading indicator of the broader Czech economic cycle.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in the Czech Republic, excluding the construction industry. It provides insight into the health of the broader industrial sector.
Q: Why is this trend relevant for users or analysts?
A: This employment data is a critical indicator of economic activity in the Czech Republic and is closely monitored by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: The Czech National Bank and other institutions use this employment trend to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a short delay for data collection and processing.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Czechia (LFEAINTTCZA647N), retrieved from FRED.