Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Czechia
Annual, Seasonally Adjusted
LREM64FECZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.53
Year-over-Year Change
19.36%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted labor force participation rate for the Euro area. It is a key indicator of the overall health and utilization of the 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 represents the proportion of the working-age population that is either employed or actively seeking work. This metric provides important insights into economic activity and the available labor supply.
Methodology
The data is collected through household surveys conducted by national statistical agencies and compiled by Eurostat.
Historical Context
Policymakers closely monitor this trend to assess labor market dynamics and inform decisions on fiscal and monetary policy.
Key Facts
- The Euro area's labor force participation rate was 73.5% in 2022.
- Participation rates are typically higher for men than women in the Euro area.
- The rate declined during the COVID-19 pandemic but has been recovering.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted labor force participation rate for the Euro area, which represents the proportion of the working-age population that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall health and utilization of the labor market, providing important insights into economic activity and the available labor supply.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by national statistical agencies and compiled by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to assess labor market dynamics and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is typically published with a short delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM64FECZA156S), retrieved from FRED.