Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Switzerland
Annual, Seasonally Adjusted
LFHU24TTCHA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48,475.00
Year-over-Year Change
-7.45%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted civilian labor force in China. It provides important insights into the size and dynamics of the Chinese workforce, which is crucial for economists and policymakers analyzing the country's economic development.
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 civilian labor force in China represents the total number of working-age individuals who are either employed or actively seeking work. This metric is widely used to assess the health and capacity of the Chinese labor market, informing economic forecasts and policy decisions.
Methodology
The data is collected through household surveys conducted by the National Bureau of Statistics of China.
Historical Context
Policymakers and analysts use this trend to monitor China's labor force participation, unemployment rates, and broader economic performance.
Key Facts
- China's civilian labor force exceeds 800 million people.
- The labor force participation rate in China is around 60%.
- The Chinese government closely monitors this metric to inform economic policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted civilian labor force in China, which represents the total number of working-age individuals who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The size and dynamics of China's labor force are crucial indicators of the country's economic development and capacity, making this trend highly relevant for economists, policymakers, and analysts studying the Chinese economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the National Bureau of Statistics of China.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor China's labor force participation, unemployment rates, and broader economic performance, informing economic policies and forecasts.
Q: Are there update delays or limitations?
A: The data is published annually, with a potential delay of several months. Users should be aware of this when analyzing the most recent figures.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHU24TTCHA647S), retrieved from FRED.