Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Slovak Republic
LFEM55MASKA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.81
Year-over-Year Change
6.09%
Date Range
1/1/2000 - 1/1/2022
Summary
This economic trend measures employment levels among men aged 55 to 64 in the Slovak Republic. It provides important insights into labor force participation and aging workforce dynamics.
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 55 to 64 Years for Slovak Republic tracks the monthly employment rate for Slovak men between the ages of 55 and 64. This data is used by economists and policymakers to analyze labor market trends and plan policies related to aging populations and retirement.
Methodology
The data is collected through national labor force surveys conducted by the Slovak Statistical Office.
Historical Context
This employment trend is relevant for assessing the economic impacts of aging populations and informing policies around retirement and labor force participation.
Key Facts
- Employment rate for Slovak men aged 55-64 was 60.3% in 2021.
- The employment trend has increased by 5 percentage points since 2015.
- Slovakia has one of the lowest employment rates for older workers in the OECD.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly employment rate for men aged 55 to 64 in the Slovak Republic.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into labor force participation and aging workforce dynamics, which are crucial for economic and policy planning.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: This employment trend is relevant for assessing the economic impacts of aging populations and informing policies around retirement and labor force participation.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 month delay.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Slovak Republic (LFEM55MASKA657N), retrieved from FRED.