Population (LFS Basis): All Ages: All Persons for Czech Republic
Annual, Seasonally Adjusted
LFPOTTTTCZA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,520,725.00
Year-over-Year Change
3.39%
Date Range
1/1/1999 - 1/1/2013
Summary
This economic indicator tracks the annual, seasonally adjusted labor force participation rate in Canada. It provides insights into the labor market and can inform economic policy decisions.
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 labor force participation rate measures the proportion of the working-age population that is employed or actively seeking employment. This metric is widely used by economists and policymakers to assess the health and utilization of the labor market.
Methodology
The data is collected through Statistics Canada's Labor Force Survey, a monthly household survey.
Historical Context
The labor force participation rate is a key indicator for understanding economic trends and informing policy responses.
Key Facts
- Canada's annual, seasonally adjusted labor force participation rate was 65.2% in 2022.
- The participation rate has declined from a high of 67.1% in 2019 due to the COVID-19 pandemic.
- Women's participation rate is lower than men's, but the gap has been narrowing in recent decades.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the proportion of the working-age population in Canada 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 metric for understanding the health and utilization of the labor market, which is crucial for economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected through Statistics Canada's monthly Labor Force Survey, a household survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the labor force participation rate to assess the overall state of the labor market and inform decisions on employment, economic stimulus, and other policy interventions.
Q: Are there update delays or limitations?
A: The data is updated monthly, with a slight delay for compilation and publication.
Related Trends
Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for Czechia
BSCURT02CZQ160S
Central Bank Assets to GDP for Czech Republic
DDDI06CZA156NWDB
Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for Czechia
LFHUTTFECZM647S
Producer Prices Index: Economic Activities: Industrial Activities: Total for Czech Republic
CZEPIEATI01GYM
Bank's Non-Interest Income to Total Income for Czech Republic
DDEI03CZA156NWDB
Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Czech Republic
CZECPHP0400IXEBM
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFPOTTTTCZA647S), retrieved from FRED.