Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Brazil
Annual, Seasonally Adjusted
LREM24TTBRA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.38
Year-over-Year Change
1.17%
Date Range
1/1/2003 - 1/1/2014
Summary
This series measures the annual, seasonally adjusted employment-to-population ratio for individuals aged 24-55 in Brazil. It provides important insights into the strength of the Brazilian labor market and economy.
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 employment-to-population ratio represents the proportion of the working-age population that is employed. This metric offers a comprehensive view of labor force participation and is widely used by economists and policymakers to assess employment trends and the health of the broader economy.
Methodology
The data is collected through household surveys conducted by the Brazilian Institute of Geography and Statistics (IBGE).
Historical Context
This trend is closely monitored by the Central Bank of Brazil and other government agencies to inform economic and labor market policies.
Key Facts
- The annual, seasonally adjusted employment-to-population ratio in Brazil reached a high of 75.3% in 2013.
- Brazil's employment-to-population ratio fell to 70.4% in 2020 due to the economic impact of the COVID-19 pandemic.
- The employment-to-population ratio is a key indicator of the strength and resilience of the Brazilian labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted employment-to-population ratio for individuals aged 24-55 in Brazil. It represents the proportion of the working-age population that is employed.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a comprehensive measure of labor force participation and provides valuable insights into the strength and health of the Brazilian economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Brazilian Institute of Geography and Statistics (IBGE).
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Central Bank of Brazil and other government agencies to inform economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and potential revisions by the Brazilian statistical agency.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM24TTBRA156S), retrieved from FRED.