Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for Slovak Republic
LFUN24FESKA647S • 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 measures the unemployment rate for females aged 15 to 24 in the Slovak Republic. It provides key 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 tracks the monthly unemployment rate for young women in Slovakia. This data series is important for economists and policymakers to understand the labor force participation and employment challenges facing this demographic group.
Methodology
The data is collected through national labor force surveys conducted by the Statistical Office of the Slovak Republic.
Historical Context
This trend is widely used to inform economic policies and labor market interventions aimed at promoting youth employment and gender equality.
Key Facts
- The unemployment rate for young women in Slovakia averaged 21.8% in 2021.
- Slovakia has one of the highest youth unemployment rates in the European Union.
- Female labor force participation in Slovakia lags behind the EU average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for females aged 15 to 24 in the Slovak Republic.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the labor market challenges facing young women in Slovakia, which can inform policy decisions to promote employment and gender equality.
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 widely used to inform economic policies and labor market interventions aimed at promoting youth employment and gender equality in Slovakia.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, but there may be occasional delays in data reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for Slovak Republic (LFUN24FESKA647S), retrieved from FRED.