Infra-Annual Labor Statistics: Unemployment Rate Total: From 25 to 54 Years for Switzerland
Annual, Not Seasonally Adjusted
LRUN25TTCHA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.10
Year-over-Year Change
-0.61%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the annual unemployment rate in Chad. This key macroeconomic indicator provides insight into the country's labor market and overall economic conditions.
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 unemployment rate tracks the percentage of the Chadian labor force that is jobless but actively seeking employment. This long-term trend is important for policymakers, economists, and investors to understand the broader employment landscape and economic performance in Chad.
Methodology
The data is collected through household surveys conducted by the Chadian National Institute of Statistics.
Historical Context
The unemployment rate is a crucial input for economic analysis and policy decisions in Chad.
Key Facts
- Chad's unemployment rate averaged 5.7% from 2000 to 2021.
- The unemployment rate for youth (ages 15-24) is significantly higher than the national average.
- Unemployment tends to be higher in urban areas compared to rural regions in Chad.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the overall unemployment rate in Chad on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the health of Chad's labor market and broader economic conditions, making it crucial for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Chadian National Institute of Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a crucial input for economic analysis and policy decisions in Chad, as it provides insights into the country's labor market and overall economic performance.
Q: Are there update delays or limitations?
A: The data may be subject to updates and revisions by the Chadian government statistical agency.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN25TTCHA156N), retrieved from FRED.