Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Estonia
LFHUADTTEEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30,000.00
Year-over-Year Change
-67.45%
Date Range
1/1/2000 - 1/1/2022
Summary
This economic trend measures the harmonized unemployment rate for individuals aged 25 and over in Estonia. It is a key indicator of labor market conditions and economic performance.
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 Harmonized Unemployment Rate is a standardized measure of unemployment across countries, allowing for international comparisons. It represents the share of the labor force that is without work but actively seeking employment.
Methodology
The data is collected through household surveys conducted by national statistical agencies.
Historical Context
Policymakers and analysts use this metric to gauge the health of the Estonian economy and inform economic policy decisions.
Key Facts
- Estonia's unemployment rate was 5.1% as of the latest data.
- The harmonized unemployment metric allows for cross-country comparisons.
- Unemployment is a key indicator of economic performance and labor market health.
FAQs
Q: What does this economic trend measure?
A: This trend measures the harmonized unemployment rate for individuals aged 25 and over in Estonia. It represents the share of the labor force that is without work but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The harmonized unemployment rate is a key indicator of labor market conditions and economic performance, which is relevant for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the health of the Estonian economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule of the national statistical agency and may have some delay in reporting.
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Estonia (LFHUADTTEEA647N), retrieved from FRED.