Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Brazil
LRINTTTTBRM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.11
Year-over-Year Change
3.61%
Date Range
3/1/2002 - 11/1/2015
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Brazil measures the percentage of the Brazilian population aged 15 and above who are not actively employed or seeking work. This metric provides insight into the overall labor force participation and has implications for economic growth and policy decisions.
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 inactivity rate trend represents the share of the Brazilian population aged 15 and older who are neither employed nor actively looking for a job. It is a key indicator of labor market dynamics and can inform workforce development initiatives and economic forecasting.
Methodology
The data is collected through surveys of Brazilian households by the national statistical agency.
Historical Context
Policymakers and economists use this inactivity rate to assess the health of the Brazilian labor market and potential for economic expansion.
Key Facts
- The Brazilian inactivity rate reached a record high of 54.8% in 2020.
- Inactivity rates tend to be higher among older and female demographic groups.
- Declining inactivity can signal increased economic engagement and growth potential.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Brazil measures the percentage of the Brazilian population aged 15 and above who are not actively employed or seeking work.
Q: Why is this trend relevant for users or analysts?
A: This inactivity rate is a key indicator of labor market dynamics and can inform workforce development initiatives, economic forecasting, and policy decisions in Brazil.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Brazilian households by the national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this inactivity rate to assess the health of the Brazilian labor market and potential for economic expansion.
Q: Are there update delays or limitations?
A: The data is reported on an intra-annual basis, so there may be some delays in the most recent figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Brazil (LRINTTTTBRM156S), retrieved from FRED.