Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 74 Years for Czechia
LFIN74FECZA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,537,500.00
Year-over-Year Change
-17.36%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the number of females aged 15 to 74 years who are outside the labor force in Czechia. Understanding labor force participation is crucial for policymakers analyzing workforce trends and economic growth.
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 'Persons Outside the Labor Force Female: From 15 to 74 Years for Czechia' metric represents individuals who are not actively employed or seeking employment, providing insight into the labor force participation of working-age women in the Czech Republic.
Methodology
This data is collected through household surveys conducted by the Czech Statistical Office.
Historical Context
Economists and policymakers use this trend to assess labor market dynamics and inform workforce development strategies.
Key Facts
- Czechia's female labor force participation rate was 57.4% in 2021.
- The number of women outside the labor force decreased by 2.1% from 2020 to 2021.
- Improving female labor force participation is a key economic priority for the Czech government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of females aged 15 to 74 years who are outside the labor force in Czechia, providing insight into the country's workforce participation.
Q: Why is this trend relevant for users or analysts?
A: Understanding labor force participation, especially among women, is crucial for policymakers and economists analyzing workforce trends and economic growth.
Q: How is this data collected or calculated?
A: This data is collected through household surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess labor market dynamics and inform workforce development strategies in Czechia.
Q: Are there update delays or limitations?
A: The data is updated on an intra-annual basis, with some potential for delays in publication.
Related Trends
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Czechia
LCEAMN01CZA661S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Czechia
CZECP110000GYM
Harmonized Index of Consumer Prices: Telephone and Telefax Equipment and Services for Czech Republic
CP8283CZM086NEST
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Czechia
LRHUTTMACZM156S
Bank's Cost to Income Ratio for Czech Republic
DDEI07CZA156NWDB
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Czechia
CZEPROCONMISMEI
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 74 Years for Czechia (LFIN74FECZA647N), retrieved from FRED.