Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Czechia
Annual, Seasonally Adjusted
LRUN64TTCZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.68
Year-over-Year Change
-62.06%
Date Range
1/1/1998 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the total civilian labor force in Zimbabwe. This key economic indicator provides insight into the size and dynamics of the Zimbabwean 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 Annual, Seasonally Adjusted series represents the total number of people employed or actively seeking employment in Zimbabwe. It is a crucial metric for understanding labor market trends and economic activity in the country.
Methodology
This data is collected through household surveys conducted by the Zimbabwean National Statistics Agency.
Historical Context
Policymakers and economists use this labor force data to inform economic policies and assess the strength of the Zimbabwean economy.
Key Facts
- Zimbabwe's labor force totaled over 7 million in 2021.
- The labor force participation rate in Zimbabwe was 85.2% in 2020.
- Zimbabwe's unemployment rate stood at 5.9% as of 2021.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures the total civilian labor force in Zimbabwe, including both employed and actively job-seeking individuals.
Q: Why is this trend relevant for users or analysts?
A: This labor force data provides key insights into the strength and dynamics of the Zimbabwean economy, informing policy decisions and economic assessments.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Zimbabwean National Statistics Agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this labor force data to develop and evaluate economic policies that impact employment and economic activity in Zimbabwe.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and there can be lags in the release of the latest figures.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN64TTCZA156S), retrieved from FRED.