Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Czechia
LFWA74TTCZQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,864,296.00
Year-over-Year Change
-0.91%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the total working-age population in Czechia, including individuals aged 15 to 74 years. It is a key indicator for economists and policymakers to understand labor force dynamics and population trends.
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 trend provides insights into the potential labor supply and demographic shifts within Czechia. It is widely used to analyze workforce availability, labor force participation, and age distribution patterns that can inform economic and social policies.
Methodology
The data is collected through national labor force surveys conducted by the Czech Statistical Office.
Historical Context
This trend is relevant for assessing labor market conditions, workforce planning, and social program design.
Key Facts
- Czechia's working-age population totaled 7.4 million in 2022.
- The working-age population accounts for over 70% of Czechia's total population.
- The trend has shown a steady increase in the working-age population over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals aged 15 to 74 years old in Czechia, which represents the working-age population.
Q: Why is this trend relevant for users or analysts?
A: The working-age population trend is crucial for understanding labor force dynamics, workforce availability, and demographic shifts that can inform economic and social policies in Czechia.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and institutions to assess labor market conditions, workforce planning, and the design of social programs in Czechia.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Czech Statistical Office, with a short delay between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Czechia (LFWA74TTCZQ647S), retrieved from FRED.