Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Israel
Annual, Seasonally Adjusted
LREMTTTTILA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.83
Year-over-Year Change
2.70%
Date Range
1/1/1995 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the total labor force participation rate in Italy on an annual basis, adjusting for seasonal variations. This key economic indicator provides insights into the supply of workers and overall labor market health.
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 Annual, Seasonally Adjusted labor force participation rate tracks the percentage of the working-age population that is employed or actively seeking employment in Italy. It is a widely-used metric by economists and policymakers to gauge the strength and utilization of the Italian labor force.
Methodology
This data is collected by the Italian National Institute of Statistics through household surveys and other labor market sources.
Historical Context
Labor force participation rates are crucial for informing economic and workforce development policies in Italy.
Key Facts
- Italy's labor force participation rate was 65.7% in 2021.
- Participation rates are higher among men than women in Italy.
- The rate has declined from a peak of 68.3% in 2008.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted labor force participation rate tracks the percentage of the working-age population in Italy that is employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides key insights into the health and utilization of the Italian labor market, which is crucial information for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the Italian National Institute of Statistics through household surveys and other labor market sources.
Q: How is this trend used in economic policy?
A: Labor force participation rates are used to inform workforce development, employment, and macroeconomic policies in Italy.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may not fully capture short-term labor market changes.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREMTTTTILA156S), retrieved from FRED.