Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Israel
Annual, Seasonally Adjusted
LFUNTTTTILA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133,958.30
Year-over-Year Change
-45.78%
Date Range
1/1/1995 - 1/1/2024
Summary
This economic trend measures the total labor force participation rate in Italy on an annual, seasonally adjusted basis. It is a key indicator of the health and utilization of the Italian 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 labor force participation rate measures the percentage of the working-age population that is either employed or actively seeking work. This helps economists and policymakers assess the overall strength and engagement of the Italian workforce.
Methodology
The data is collected through household surveys conducted by the Italian National Institute of Statistics.
Historical Context
Labor force participation is closely monitored by the Bank of Italy and other government agencies to inform economic and workforce development policies.
Key Facts
- Italy's labor force participation rate is approximately 65%.
- Participation rates are higher for men than women in Italy.
- The rate has declined slightly over the past decade in Italy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the working-age population in Italy that is either employed or actively seeking work on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall strength and utilization of the Italian workforce, which informs economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Italian National Institute of Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by the Bank of Italy and other government agencies to inform workforce development and economic policies.
Q: Are there update delays or limitations?
A: The data is updated annually, with a potential delay of several months between the reference period and publication.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFUNTTTTILA647S), retrieved from FRED.