Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Canada
Monthly, Not Seasonally Adjusted
LFHUTTTTCAM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,649,000.00
Year-over-Year Change
9.50%
Date Range
1/1/1955 - 7/1/2025
Summary
This economic trend measures the monthly employment level in Cameroon, which is an important indicator of the country's economic activity and labor market 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 'Monthly, Not Seasonally Adjusted' employment level in Cameroon represents the total number of people employed in the country on a monthly basis, without adjusting for seasonal fluctuations. This metric is widely used by economists and policymakers to analyze workforce participation and overall economic performance.
Methodology
The data is collected through household surveys conducted by the National Institute of Statistics in Cameroon.
Historical Context
The employment level is a key input for understanding Cameroon's macroeconomic landscape and informing policy decisions.
Key Facts
- Cameroon's employment level averaged around 9.5 million in 2021.
- The employment rate in Cameroon is approximately 60% of the working-age population.
- The service sector accounts for the largest share of employment in Cameroon.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly employment level in Cameroon, which represents the total number of people employed in the country on a monthly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The employment level is a crucial indicator of Cameroon's economic activity and labor market conditions, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the National Institute of Statistics in Cameroon.
Q: How is this trend used in economic policy?
A: The employment level is used by policymakers in Cameroon to assess the overall state of the labor market and inform economic policies aimed at promoting employment and economic growth.
Q: Are there update delays or limitations?
A: There may be delays in the release of the monthly employment data, and the survey methodology may have certain limitations in capturing the full extent of employment in the informal sector.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHUTTTTCAM647N), retrieved from FRED.