Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Czechia
LFWATTTTCZQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,845,600.00
Year-over-Year Change
0.25%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Czechia' measures the total working-age population aged 15 and older in Czechia. This key labor force statistic is essential for policymakers and economists to understand labor market dynamics and labor supply.
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
This trend represents the total working-age population in Czechia, defined as individuals aged 15 years and older. It is a crucial indicator of the potential labor force and is used to analyze labor market participation, employment, and demographic trends.
Methodology
The data is collected through national labor force surveys by the Czech Statistical Office.
Historical Context
This working-age population statistic is widely used by government agencies, central banks, and economic analysts to inform labor market and social policies.
Key Facts
- Czechia's working-age population totaled over 8.8 million in 2021.
- The working-age population accounts for over 82% of Czechia's total population.
- Czechia's working-age population has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total working-age population in Czechia, defined as individuals aged 15 years and older.
Q: Why is this trend relevant for users or analysts?
A: This working-age population statistic is essential for understanding the size and dynamics of the potential labor force in Czechia, which is crucial for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: This working-age population statistic is widely used by government agencies, central banks, and economic analysts to inform labor market and social policies in Czechia.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with potential delays in availability due to the survey collection process.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Czechia (LFWATTTTCZQ647N), retrieved from FRED.