Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Slovak Republic
LFEM24MASKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70,450.00
Year-over-Year Change
-20.84%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures employment among Slovak Republic's male population aged 15 to 24 years. It provides valuable insights into youth labor market dynamics and workforce participation.
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: Employment Male: From 15 to 24 Years for Slovak Republic tracks the employment levels of young Slovak men. This data series is used by economists and policymakers to analyze labor force participation, youth unemployment, and broader economic conditions.
Methodology
The data is collected through nationally representative household surveys conducted by the Slovak statistical agency.
Historical Context
This trend is closely monitored by the Slovak government and international organizations to inform labor market policies and economic forecasting.
Key Facts
- The series covers employment data from 1999 to the present.
- Slovakia's male youth employment rate averaged 33.4% in 2021.
- Youth employment is a key indicator of economic opportunity and social stability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment levels of Slovak Republic's male population aged 15 to 24 years old.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding youth labor market dynamics, workforce participation, and broader economic conditions in Slovakia.
Q: How is this data collected or calculated?
A: The data is collected through nationally representative household surveys conducted by the Slovak statistical agency.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Slovak government and international organizations to inform labor market policies and economic forecasting.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule with minimal delays, providing timely insights into the Slovak youth labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Slovak Republic (LFEM24MASKA647N), retrieved from FRED.