Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for Slovak Republic

LFUN24FESKA647N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

10,400.00

Year-over-Year Change

-67.24%

Date Range

1/1/1999 - 1/1/2024

Summary

This economic trend tracks the unemployment rate for females aged 15 to 24 in the Slovak Republic. It provides valuable insights into the labor market dynamics and challenges facing young women in the country.

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: Unemployment Female: From 15 to 24 Years for Slovak Republic series measures the percentage of the female labor force aged 15 to 24 who are unemployed in the Slovak Republic. This metric is widely used by economists and policymakers to assess the employment landscape and inform policies aimed at supporting young women's participation in the workforce.

Methodology

The data is collected through national labor force surveys conducted by the Statistical Office of the Slovak Republic.

Historical Context

This trend is crucial for understanding the economic conditions and labor market challenges facing young women in the Slovak Republic, which can inform policy decisions and investment strategies.

Key Facts

  • The female youth unemployment rate in the Slovak Republic was 17.9% in 2021.
  • The unemployment rate for young women in the Slovak Republic is consistently higher than the overall unemployment rate.
  • Slovakia has implemented policies to promote education and job training for young women to address this labor market challenge.

FAQs

Q: What does this economic trend measure?

A: This trend measures the unemployment rate for females aged 15 to 24 in the Slovak Republic, providing insights into the labor market challenges facing young women in the country.

Q: Why is this trend relevant for users or analysts?

A: This trend is crucial for understanding the economic conditions and labor market dynamics affecting young women in the Slovak Republic, which can inform policy decisions and investment strategies aimed at supporting their participation in the workforce.

Q: How is this data collected or calculated?

A: The data is collected through national labor force surveys conducted by the Statistical Office of the Slovak Republic.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to assess the employment landscape and inform policies aimed at supporting young women's participation in the Slovak Republic's workforce.

Q: Are there update delays or limitations?

A: The data is published on a regular basis, but there may be some delays in its release due to the time required for data collection and processing.

Related Trends

Citation

U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for Slovak Republic (LFUN24FESKA647N), retrieved from FRED.