Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Slovak Republic
LFACTTMASKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,468,200.00
Year-over-Year Change
-2.59%
Date Range
1/1/1994 - 1/1/2024
Summary
This statistic measures the size of the labor force for men aged 15 and over in the Slovak Republic. It provides key insights into the country's workforce dynamics and labor market trends.
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 Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Slovak Republic tracks the monthly and quarterly fluctuations in the male labor force participation rate. This metric is crucial for economists and policymakers to analyze employment patterns and inform workforce development initiatives.
Methodology
This data is collected through household surveys conducted by the national statistical agency in Slovakia.
Historical Context
Policymakers and labor market analysts use this trend to monitor employment conditions and assess the health of the Slovak economy.
Key Facts
- The Slovak Republic has a population of approximately 5.4 million people.
- The labor force participation rate for men aged 15 and over in Slovakia was 70.1% as of the latest data.
- Slovakia's economy is heavily industrialized, with manufacturing and automotive production being key sectors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the size of the labor force for men aged 15 and over in the Slovak Republic. It provides insights into the country's workforce dynamics and employment patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to analyze employment conditions and inform workforce development initiatives in Slovakia.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the national statistical agency in Slovakia.
Q: How is this trend used in economic policy?
A: Policymakers and labor market analysts use this trend to monitor employment conditions and assess the health of the Slovak economy.
Q: Are there update delays or limitations?
A: The data is reported on a monthly and quarterly basis, with potential delays in publication by the statistical agency.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Slovak Republic (LFACTTMASKA647N), retrieved from FRED.