Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Slovak Republic
LRAC25FESKA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.53
Year-over-Year Change
0.41%
Date Range
1/1/1999 - 1/1/2024
Summary
The Labor Force Participation Rate Female: From 25 to 54 Years for the Slovak Republic is an important economic indicator that measures the percentage of working-age women who are actively employed or seeking work in the Slovak 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 statistic provides insights into the level of economic activity and labor market engagement among prime-working-age women in Slovakia. It is used by economists and policymakers to analyze trends in female labor force participation and evaluate the effectiveness of policies aimed at promoting gender equality in the workforce.
Methodology
The data is collected through household surveys conducted by the Slovak Statistical Office.
Historical Context
Trends in the female labor force participation rate can inform economic and social policies related to employment, childcare, and workforce development.
Key Facts
- The female labor force participation rate in Slovakia was 79.7% in 2020.
- Slovakia's female labor force participation rate is higher than the OECD average.
- The rate has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Slovak Republic measures the percentage of working-age women in Slovakia who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This statistic provides insights into female labor market engagement in Slovakia, which is crucial for evaluating gender equality and the effectiveness of policies aimed at promoting women's workforce participation.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: Trends in the female labor force participation rate can inform policies related to employment, childcare, and workforce development in Slovakia.
Q: Are there update delays or limitations?
A: The data is updated on an infra-annual basis, with some potential for delays in data collection and publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 25 to 54 Years for Slovak Republic (LRAC25FESKA156S), retrieved from FRED.