Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Czechia
LFEM55MACZA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
498,750.00
Year-over-Year Change
15.67%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures employment among Czech men aged 55 to 64 years. It provides valuable insights into labor force participation and aging workforce dynamics in Czechia.
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 Male: From 55 to 64 Years for Czechia series tracks the number of employed Czech men between the ages of 55 and 64. This metric is used by economists and policymakers to analyze labor market trends and the impact of aging populations on the workforce.
Methodology
This data is collected through labor force surveys conducted by the Czech Statistical Office.
Historical Context
Trends in this metric can inform policies related to retirement, pension systems, and strategies for active aging in the labor market.
Key Facts
- Czechia has one of the highest employment rates for older workers in the EU.
- The 55-64 age group accounts for over 20% of Czechia's total labor force.
- Employment among Czech men aged 55-64 has risen steadily in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment among Czech men aged 55 to 64 years, providing insights into labor force participation and aging workforce dynamics in Czechia.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to analyze labor market trends and the impact of aging populations on the workforce, which can inform policies related to retirement, pension systems, and strategies for active aging.
Q: How is this data collected or calculated?
A: This data is collected through labor force surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: Trends in this metric can inform policies related to retirement, pension systems, and strategies for active aging in the labor market.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Czech Statistical Office, but there may be some delays in publishing the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Czechia (LFEM55MACZA647N), retrieved from FRED.