Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for Slovak Republic
LREMTTFESKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.70
Year-over-Year Change
21.71%
Date Range
1/1/1999 - 1/1/2024
Summary
The Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for Slovak Republic measures the percentage of the female population aged 15 and above who are employed in the Slovak Republic. This metric is crucial for understanding labor market trends and informing economic policies.
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 statistic represents the share of Slovak women aged 15 and older who are currently engaged in paid work or self-employment. It provides insights into female labor force participation and economic empowerment in the country.
Methodology
The data is collected through national labor force surveys conducted by the statistical office of the Slovak Republic.
Historical Context
The employment rate for women is a key indicator used by policymakers and economists to assess the overall health and inclusiveness of the labor market.
Key Facts
- The female employment rate in Slovakia has increased from 53.4% in 2010 to 58.1% in 2020.
- Slovakia's female employment rate is below the OECD average of 61.6% as of 2020.
- Improving women's access to the labor market is a key policy priority for the Slovak government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the female population aged 15 and above who are employed in the Slovak Republic.
Q: Why is this trend relevant for users or analysts?
A: The female employment rate is a crucial indicator of labor market participation and economic empowerment, providing insights that inform policy decisions.
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: The female employment rate is used by policymakers and economists to assess the inclusiveness and health of the labor market, and to inform policies aimed at increasing women's participation in the workforce.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in data collection and reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for Slovak Republic (LREMTTFESKA156N), retrieved from FRED.