Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Slovak Republic
LRHU24FESKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.85
Year-over-Year Change
-46.58%
Date Range
1/1/1998 - 1/1/2024
Summary
The Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Slovak Republic tracks the monthly unemployment rate for women aged 15 to 24 in Slovakia. This data is crucial for analyzing labor market dynamics and informing policy decisions.
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 provides a detailed view of unemployment trends among young women in Slovakia. It is used by economists, policymakers, and labor market analysts to assess the health and composition of the national workforce.
Methodology
The data is collected through household surveys by the Slovak Statistical Office.
Historical Context
This unemployment rate is a key input for evaluating the effectiveness of labor market policies and programs in Slovakia.
Key Facts
- The latest monthly unemployment rate for young women in Slovakia is X.X%.
- Unemployment among this demographic has declined by Y% over the past 5 years.
- Young women face higher unemployment rates than their male counterparts in Slovakia.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly unemployment rate for women aged 15 to 24 years old in Slovakia.
Q: Why is this trend relevant for users or analysts?
A: This data provides crucial insights into the labor market challenges facing young women in Slovakia, informing policy decisions and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and labor market analysts use this unemployment rate to evaluate the effectiveness of programs and policies targeting youth employment in Slovakia.
Q: Are there update delays or limitations?
A: This data is released monthly, with a typical delay of 4-6 weeks. The survey methodology may have certain limitations in coverage or sampling.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Slovak Republic (LRHU24FESKA156N), retrieved from FRED.