Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Slovak Republic

LREM74MASKA156N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

67.88

Year-over-Year Change

10.41%

Date Range

1/1/1999 - 1/1/2024

Summary

The Employment Rate Male: From 15 to 74 Years for Slovak Republic measures the percentage of the male population aged 15 to 74 in Slovakia who are employed. This metric provides insights into the country's labor market dynamics.

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 economic indicator represents the employment rate for working-age men in Slovakia. It is a key measure of labor force participation and economic activity, used by policymakers and analysts to assess the health and trends of the Slovak labor market.

Methodology

The data is collected through household surveys by the national statistical agency.

Historical Context

This employment rate is relevant for evaluating Slovakia's economic performance and labor policies.

Key Facts

  • Slovakia's male employment rate averaged 69.4% from 2000 to 2022.
  • The employment rate for men aged 15-74 in Slovakia peaked at 73.5% in 2008.
  • Male employment in Slovakia declined during the 2008-2009 financial crisis.

FAQs

Q: What does this economic trend measure?

A: This trend measures the percentage of the male population aged 15 to 74 in Slovakia who are employed.

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

A: This employment rate is a key indicator of labor market conditions and economic activity in Slovakia, providing insights for policymakers and market analysts.

Q: How is this data collected or calculated?

A: The data is collected through household surveys conducted by the national statistical agency in Slovakia.

Q: How is this trend used in economic policy?

A: This employment rate is used by economists and policymakers to evaluate the health of Slovakia's labor market and inform economic policies.

Q: Are there update delays or limitations?

A: The employment rate data may be subject to periodic revisions and can have short update delays from the national statistical agency.

Related Trends

Citation

U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Slovak Republic (LREM74MASKA156N), retrieved from FRED.