Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Israel
Annual, Not Seasonally Adjusted
LFUNTTTTILA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133,958.30
Year-over-Year Change
-45.78%
Date Range
1/1/1995 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for individuals aged 16 and over in Italy. It provides insights into the labor market's overall size and is a key indicator of economic activity.
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 share of the civilian population aged 16 and over that is either employed or actively seeking work. This metric is closely watched by economists and policymakers to assess the health and utilization of a country's workforce.
Methodology
The data is collected through household surveys conducted by the Italian national statistical office.
Historical Context
This trend is used to inform economic policy decisions and market analysis related to employment, consumer spending, and overall economic performance.
Key Facts
- The annual labor force participation rate in Italy was 65.1% in 2021.
- Italy's labor force participation rate has declined from a high of 67.7% in 2008.
- Increasing labor force participation is a key policy goal for stimulating economic growth in Italy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate for individuals aged 16 and over in Italy.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the size and utilization of a country's workforce, providing insights into economic activity and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Italian national statistical office.
Q: How is this trend used in economic policy?
A: This trend is used to inform economic policy decisions and market analysis related to employment, consumer spending, and overall economic performance.
Q: Are there update delays or limitations?
A: The data is published annually, with a short delay in reporting compared to the reference year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUNTTTTILA647N), retrieved from FRED.