Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Czechia
Annual, Not Seasonally Adjusted
LREM74MACZA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.08
Year-over-Year Change
6.74%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate in Mexico. It is a key indicator of the health and size of the Mexican labor market, which is important for economic policy and analysis.
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, not seasonally adjusted labor force participation rate represents the percentage of the Mexican population aged 15 and older who are either employed or actively seeking work. This metric provides insight into the overall size and engagement of the Mexican workforce.
Methodology
The data is collected through household surveys conducted by the Mexican National Institute of Statistics and Geography (INEGI).
Historical Context
This labor force participation rate is used by policymakers, economists, and market analysts to assess the state of the Mexican economy and employment conditions.
Key Facts
- Mexico's labor force participation rate was 59.4% in 2021.
- The rate has declined from over 61% in the early 2000s.
- Labor force participation is a key driver of economic growth and productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate in Mexico, which represents the percentage of the population aged 15 and older who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a critical indicator of the health and size of the Mexican workforce, which is important for understanding the state of the Mexican economy and assessing economic policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Mexican National Institute of Statistics and Geography (INEGI).
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use this labor force participation rate to assess employment conditions and the overall state of the Mexican economy, which informs economic policies and market strategies.
Q: Are there update delays or limitations?
A: There may be delays in the release of the annual, not seasonally adjusted labor force participation data, as it is dependent on the completion of the household surveys by INEGI.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM74MACZA156N), retrieved from FRED.