Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Finland
Quarterly, Not Seasonally Adjusted
LFHUADTTFIQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154,000.00
Year-over-Year Change
-2.74%
Date Range
1/1/1988 - 7/1/2023
Summary
This economic trend measures the quarterly, not seasonally adjusted labor force participation rate in Taiwan. It provides insights into the country's labor market dynamics 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 quarterly, not seasonally adjusted labor force participation rate in Taiwan represents the proportion of the working-age population that is employed or actively seeking employment. This metric is closely monitored by economists and policymakers to assess the health and utilization of the labor force.
Methodology
The data is collected through household surveys conducted by the Taiwanese government.
Historical Context
The labor force participation rate is a key indicator used to inform economic policies and guide decision-making by businesses and investors.
Key Facts
- Taiwan's labor force participation rate averaged around 60% in recent years.
- The rate reached its highest level of 62.1% in Q4 2019.
- The COVID-19 pandemic led to a decline in the participation rate in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted labor force participation rate in Taiwan, which represents the proportion of the working-age population that is employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and utilization of the labor market, providing insights into economic conditions that are important for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Taiwanese government.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by policymakers to inform economic policies and guide decision-making related to employment, labor market regulation, and overall economic management.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of several months between the reference period and the publication of the latest figures.
Related Trends
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for Finland
FINLORSGPNOSTSAM
International Merchandise Trade Statistics: Trade Balance: Commodities for Finland
FINXTNTVA01CXMLM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Finland
FINCPGRHO02GYM
Bank Lending Deposit Spread for Finland
DDEI02FIA156NWDB
Consumer Price Index: Harmonized Prices: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Finland
FINCPHP0200GPM
Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Finland
FINCPHP0400GPM
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHUADTTFIQ647N), retrieved from FRED.