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

LREM24FESKA156N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

17.28

Year-over-Year Change

5.82%

Date Range

1/1/1999 - 1/1/2024

Summary

The Employment Rate Female: From 15 to 24 Years for Slovak Republic measures the percentage of females aged 15 to 24 who are employed in the Slovak Republic. This metric is important for economists and policymakers to assess labor market participation and youth employment trends.

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 data series tracks the employment rate for young women in Slovakia, providing insight into the labor force participation and economic opportunities available to this demographic. It is a key indicator of the health and inclusiveness of the Slovak labor market.

Methodology

The data is collected through household and labor force surveys conducted by the Slovak Statistical Office.

Historical Context

This trend is used by analysts and policymakers to evaluate the state of the Slovak economy and inform labor market policies.

Key Facts

  • The employment rate for Slovak women aged 15-24 was 37.4% in 2021.
  • Young women's employment rate in Slovakia is lower than the overall employment rate.
  • Youth unemployment remains a persistent challenge in the Slovak labor market.

FAQs

Q: What does this economic trend measure?

A: This trend measures the percentage of females aged 15 to 24 who are employed in the Slovak Republic. It provides insight into labor force participation and employment levels for young women in the country.

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

A: This metric is important for understanding the state of the Slovak labor market, particularly in terms of opportunities and barriers for young women. It informs policymakers and analysts about youth employment and gender dynamics in the economy.

Q: How is this data collected or calculated?

A: The data is collected through household and labor force surveys conducted by the Slovak Statistical Office.

Q: How is this trend used in economic policy?

A: This employment rate trend is used by policymakers and analysts to evaluate labor market conditions and inform policies aimed at improving youth and female employment in Slovakia.

Q: Are there update delays or limitations?

A: The data is updated on an infra-annual basis, with some potential for delays in publication. There may also be limitations in survey coverage or respondent participation that impact the representativeness of the data.

Related Trends

Citation

U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Slovak Republic (LREM24FESKA156N), retrieved from FRED.