Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Slovak Republic
LFEM64MASKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,367,600.00
Year-over-Year Change
6.08%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the employment rate for men aged 15 to 64 in the Slovak Republic. Understanding labor market dynamics is crucial for policymakers seeking to promote economic growth and stability.
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 64 Years for Slovak Republic tracks the monthly employment level of working-age men in Slovakia. This metric provides valuable insights into the strength and composition of the country's labor force, which is a key driver of overall economic performance.
Methodology
The data is collected through household surveys conducted by the Slovak Statistical Office.
Historical Context
Policymakers and analysts use this trend to assess the health of Slovakia's labor market and inform economic and social policies.
Key Facts
- The employment rate for Slovak men aged 15-64 was 78.1% in 2021.
- Male employment in Slovakia has steadily increased since the early 2000s.
- Slovakia's male employment rate is higher than the EU average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly employment level of Slovak men aged 15 to 64 years old, providing insights into the strength of the country's labor force.
Q: Why is this trend relevant for users or analysts?
A: Understanding the employment dynamics of working-age men is crucial for policymakers seeking to promote economic growth and stability in Slovakia.
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: Policymakers and analysts use this trend to assess the health of Slovakia's labor market and inform economic and social policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a short delay, providing timely insights into the Slovak labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Slovak Republic (LFEM64MASKA647N), retrieved from FRED.