Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Czech Republic
LFHUADMACZA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45,833.33
Year-over-Year Change
-68.77%
Date Range
1/1/1993 - 1/1/2022
Summary
The Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Czech Republic measures the unemployment rate for Czech men aged 25 and above. This key indicator provides insight into the labor market conditions and economic well-being of a major demographic group.
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 series, published by the OECD, tracks the monthly unemployment rate for Czech men aged 25 and older. It is a harmonized, internationally comparable measure that allows for analysis of employment trends across countries and over time.
Methodology
The data is collected through national labor force surveys and compiled according to OECD standards.
Historical Context
Policymakers and economists use this data to assess the broader labor market and inform decisions around economic and employment policies.
Key Facts
- Czech male unemployment rate averaged 2.8% in 2022.
- Unemployment for this group has remained below the national average.
- The data series dates back to 1993 for the Czech Republic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for Czech men aged 25 and older, providing insight into the labor market conditions for this key demographic.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for understanding the economic well-being and employment trends of a major segment of the Czech workforce, which can inform policy decisions and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by the OECD according to harmonized international standards.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess broader labor market conditions and inform decisions around employment and economic policies in the Czech Republic.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delay, providing timely insights into the Czech male labor market.
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Czech Republic (LFHUADMACZA647N), retrieved from FRED.