Infra-Annual Labor Statistics: Employees Total for Slovak Republic
Annual, Seasonally Adjusted
LFESEETTSKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,227,225.00
Year-over-Year Change
13.14%
Date Range
1/1/1994 - 1/1/2024
Summary
The Annual, Seasonally Adjusted economic trend measures the employment-to-population ratio, which indicates the percentage of the working-age population that is employed. This metric is a key indicator of labor market health and economic activity.
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 employment-to-population ratio tracks the proportion of the civilian non-institutional population aged 16 and over that is employed. It is a comprehensive measure of labor market participation and is widely used by economists and policymakers to assess the strength of the U.S. economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly survey of households conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The employment-to-population ratio is an important input for monetary and fiscal policy decisions, as it reflects overall economic conditions and the health of the labor market.
Key Facts
- The employment-to-population ratio reached a record high of 63.4% in April 2000.
- The ratio declined sharply during the Great Recession, falling to 58.2% in December 2009.
- As of the latest data, the employment-to-population ratio stands at 60.3%.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the employment-to-population ratio, which is the proportion of the civilian non-institutional population aged 16 and over that is employed.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a comprehensive measure of labor market participation and a key indicator of the overall strength of the U.S. economy. It is widely used by economists and policymakers to assess economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly survey of households conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment-to-population ratio is an important input for monetary and fiscal policy decisions, as it reflects overall economic conditions and the health of the labor market.
Q: Are there update delays or limitations?
A: The employment-to-population ratio data is published monthly with a typical release lag of approximately two weeks.
Related Trends
Consumer Price Index: Health (COICOP 06): Total for Slovak Republic
SVKCP060000IXNBM
Consumer Price Index: Harmonized Prices: Clothing and Footwear (COICOP 03): Total for Slovak Republic
SVKCPHP0300GPM
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Slovak Republic
LREM64TTSKQ156S
Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Slovak Republic
LFEM64MASKA657S
Consumer Price Index: Harmonized Prices: Communication (COICOP 08): Total for Slovak Republic
SVKCPHP0800GPM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Slovak Republic
SVKCPHP1200IXOBM
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFESEETTSKA647S), retrieved from FRED.