Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 24 Years for Brazil
Annual, Not Seasonally Adjusted
LFIN24TTBRA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,607,194.00
Year-over-Year Change
3.80%
Date Range
1/1/2003 - 1/1/2014
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for persons aged 24 years and over in Brazil. It provides insights into the overall size and composition of the Brazilian 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 either employed or actively seeking work. This metric is closely watched by economists and policymakers to assess the health and potential of a nation's labor market.
Methodology
The data is collected through nationally representative household surveys conducted by the Brazilian Institute of Geography and Statistics.
Historical Context
The labor force participation rate is a key indicator used to evaluate economic and employment conditions in Brazil.
Key Facts
- Brazil's labor force participation rate was 67.3% in 2021.
- The rate has declined from a high of 70.1% in 2014.
- Participation is higher among men than women in Brazil.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate for persons aged 24 years and over in Brazil.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall size and composition of the Brazilian workforce, providing insights into economic and employment conditions.
Q: How is this data collected or calculated?
A: The data is collected through nationally representative household surveys conducted by the Brazilian Institute of Geography and Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by economists and policymakers in Brazil to assess the health and potential of the nation's labor market.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be a delay of several months before the most recent year's figures are available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFIN24TTBRA647N), retrieved from FRED.