Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Czechia
Annual, Seasonally Adjusted
LREM74MACZA156S • 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
The 'Annual, Seasonally Adjusted' economic trend measures the total civilian labor force participation rate in Mexico. This key indicator provides insights into the overall size and engagement of the Mexican workforce.
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 civilian labor force participation rate represents the percentage of the working-age population that is employed or actively seeking employment. Economists and policymakers use this metric to assess the strength and availability of human capital in the Mexican economy.
Methodology
The data is collected through household surveys conducted by the National Institute of Statistics and Geography (INEGI) in Mexico.
Historical Context
The labor force participation rate is a crucial input for evaluating economic growth, employment trends, and policy effectiveness in Mexico.
Key Facts
- Mexico's labor force participation rate was 59.3% in 2021.
- The rate has declined from a peak of 61.9% in 2014.
- Participation is higher among men (71.4%) than women (48.3%).
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' trend measures the civilian labor force participation rate in Mexico, representing the percentage of working-age Mexicans 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 key indicator of the overall strength and availability of human capital in the Mexican economy, providing insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Mexico's National Institute of Statistics and Geography (INEGI).
Q: How is this trend used in economic policy?
A: The labor force participation rate is a crucial input for evaluating economic growth, employment trends, and the effectiveness of policies aimed at promoting workforce participation in Mexico.
Q: Are there update delays or limitations?
A: The data is reported annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM74MACZA156S), retrieved from FRED.