Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Brazil
LFWA24TTBRA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,226,497.00
Year-over-Year Change
-11.48%
Date Range
1/1/2003 - 1/1/2014
Summary
This economic trend measures the total working-age population in Brazil aged 15 to 24 years old. It is a key indicator for understanding labor force dynamics and demographic trends in the country.
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 working-age population is a crucial metric for analyzing labor market conditions and economic growth potential. This specific series focuses on the 15-24 age cohort, which is important for policymakers to monitor youth employment and education levels.
Methodology
The data is collected through household surveys conducted by the Brazilian statistical agency.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess the labor supply and future workforce composition in Brazil.
Key Facts
- Brazil's working-age population aged 15-24 is over 34 million.
- This age group makes up nearly 20% of Brazil's total population.
- The 15-24 cohort participation rate in the labor force is around 60%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total working-age population in Brazil for individuals aged 15 to 24 years old.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding labor force dynamics and demographic trends in Brazil, which is crucial for economic policymaking and labor market analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Brazilian statistical agency.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and market analysts to assess the labor supply and future workforce composition in Brazil.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, with some potential for delays in publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Brazil (LFWA24TTBRA647S), retrieved from FRED.