Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 74 Years for Czechia
Annual, Not Seasonally Adjusted
LFIN74MACZA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,032,700.00
Year-over-Year Change
-10.80%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate in South Africa. It provides insights into the overall health and dynamics of the South African 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 annual, not seasonally adjusted labor force participation rate in South Africa represents the proportion of the working-age population that is either employed or actively seeking employment. This metric is a key indicator of economic activity and productivity.
Methodology
The data is collected through national labor force surveys conducted by Statistics South Africa.
Historical Context
Policymakers and economists use this trend to assess the strength and direction of the South African labor market.
Key Facts
- South Africa's annual labor force participation rate in 2021 was 58.8%.
- The participation rate has fluctuated between 55-60% over the past decade.
- Women's labor force participation is lower than men's in South Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate in South Africa, which represents the share of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall health and dynamics of the South African labor market, providing insights into economic activity and productivity.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by Statistics South Africa.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the strength and direction of the South African labor market, informing economic and employment policies.
Q: Are there update delays or limitations?
A: The data is published annually, with some potential for delays in data collection and reporting.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFIN74MACZA647N), retrieved from FRED.