Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 24 Years for Canada
Annual, Seasonally Adjusted
LFWA24FECAA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,353,608.00
Year-over-Year Change
7.75%
Date Range
1/1/1976 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted civilian labor force in Italy. It is a key economic indicator used by policymakers and analysts to assess the health and dynamics 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 annual, seasonally adjusted civilian labor force measures the total number of Italians either employed or actively seeking work. It represents the supply of labor in the Italian economy and is a fundamental data point for evaluating employment trends, economic growth, and policy effectiveness.
Methodology
The data is collected through household surveys conducted by the Italian National Institute of Statistics.
Historical Context
This labor force metric is widely used by the Bank of Italy, European Central Bank, and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The Italian civilian labor force totaled 24.6 million in 2022.
- Labor force participation rate in Italy was 65.5% in 2022.
- The Italian unemployment rate stood at 7.8% as of Q4 2022.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of Italians either employed or actively seeking work, providing a comprehensive view of the Italian labor force.
Q: Why is this trend relevant for users or analysts?
A: The annual, seasonally adjusted civilian labor force is a critical indicator for assessing the health and dynamics of the Italian labor market, which in turn informs economic policymaking and business decision-making.
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: This labor force metric is widely used by the Bank of Italy, European Central Bank, and other institutions to inform monetary and fiscal policy decisions aimed at promoting employment and economic growth.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWA24FECAA647S), retrieved from FRED.