Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Denmark
Annual, Not Seasonally Adjusted
LFAC74TTDKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,263,250.00
Year-over-Year Change
13.77%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the total civilian population in Italy. It provides insights into the overall size and engagement of the Italian 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 labor force participation rate represents the proportion of the working-age population that is employed or actively seeking work. This metric is widely used by economists and policymakers to assess the strength and availability of a country's labor supply.
Methodology
The data is collected through household surveys conducted by the Italian national statistical office.
Historical Context
Labor force participation is a key indicator for monitoring employment, economic growth, and policy impacts.
Key Facts
- Italy's labor force participation rate averaged 65.3% from 2010-2020.
- Participation declined from a high of 67.7% in 2008 to a low of 63.7% in 2014.
- Women's participation rate is lower than men's, at 55.2% vs. 75.6% in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate for the total civilian population in Italy.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the strength and availability of a country's workforce, which is crucial for analyzing employment, economic growth, and the impacts of policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Italian national statistical office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor the overall size and engagement of the Italian workforce, which informs decisions on employment, economic growth, and labor market policies.
Q: Are there update delays or limitations?
A: The data is published annually, with a typical delay of several months after the end of the reference year.
Related Trends
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Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 74 Years for Denmark
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Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Denmark
LRHU24MADKA156S
Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Denmark
LFEM24MADKA647N
Producer Prices Index: Economic Activities: Energy: Domestic for Denmark
PIEAEN02DKM661N
Share Prices: All Shares/Broad: Total for Denmark
SPASTT01DKQ657N
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC74TTDKA647N), retrieved from FRED.