Labor Force Participation Rate for Trinidad and Tobago



Indicator Definition:
Labor force participation rate is the proportion of the population ages 15-64 that is economically active: all people who supply labor for the production of goods and services during a specified period.

The statistic "Labor Force Participation Rate" stands at 67.04 percent as of 12/31/2024.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.052 percentage points compared to the value the year prior.
The 1 year change in percentage points is -0.052.
The 3 year change in percentage points is 1.37.
The 5 year change in percentage points is -1.14.
The 10 year change in percentage points is -2.55.

The Serie's long term average value is 67.34 percent. It's latest available value, on 12/31/2024, is 0.297 percentage points lower, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/1990, to it's latest available value, on 12/31/2024, is +4.65.
The Serie's change in percentage points from it's maximum value, on 12/31/2006, to it's latest available value, on 12/31/2024, is -3.79.

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