Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Slovak Republic
LFIN55MASKQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92,000.00
Year-over-Year Change
-11.20%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the number of men aged 55 to 64 years who are outside the labor force in the Slovak Republic. It provides insights into labor market participation and retirement patterns among older male workers.
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: Persons Outside the Labor Force Male: From 55 to 64 Years for Slovak Republic' series tracks the population of Slovak men aged 55 to 64 who are not actively employed or seeking work. This data is used by economists and policymakers to analyze labor force trends and the economic status of older workers.
Methodology
The data is collected through labor force surveys conducted by the Slovak Statistical Office.
Historical Context
This metric is relevant for understanding labor market dynamics and informing policies related to retirement, pension systems, and workforce participation.
Key Facts
- The series tracks men aged 55-64 outside the labor force in Slovakia.
- Data is collected through regular labor force surveys.
- This metric informs policies related to retirement and workforce participation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of men aged 55 to 64 years who are outside the labor force in the Slovak Republic.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into labor market participation and retirement patterns among older male workers, which is important for understanding labor force dynamics and informing related policies.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: This metric is relevant for understanding labor market dynamics and informing policies related to retirement, pension systems, and workforce participation.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential limitations of the Slovak labor force surveys.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Slovak Republic (LFIN55MASKQ647N), retrieved from FRED.