Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Switzerland
Annual, Seasonally Adjusted
LREM74TTCHA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.30
Year-over-Year Change
1.94%
Date Range
1/1/2005 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the annual rate of change in employment levels for total nonfarm employees in China. This trend is closely watched by economists and policymakers to gauge the overall health of the Chinese labor market.
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 seasonally adjusted series provides a comprehensive view of employment changes across all major industries in China on an annual basis. It is a key indicator used to evaluate macroeconomic performance and inform policy decisions.
Methodology
The data is collected through surveys of Chinese businesses and compiled by the National Bureau of Statistics.
Historical Context
This employment trend is a crucial input for China's monetary and fiscal policy decisions.
Key Facts
- China is the world's second-largest economy.
- The employment rate is a key indicator of economic health.
- Policymakers use this data to guide labor market interventions.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual rate of change in total nonfarm employment levels in China, providing a comprehensive view of the labor market.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is a crucial indicator of macroeconomic performance and is closely monitored by economists and policymakers to inform economic decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Chinese businesses and compiled by the National Bureau of Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is a key input for China's monetary and fiscal policy decisions, as it helps policymakers evaluate the overall health of the labor market.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be occasional delays or revisions due to the complexity of collecting comprehensive employment information across China's diverse economy.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM74TTCHA156S), retrieved from FRED.