Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Estonia
LRHU24MAEEM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.50
Year-over-Year Change
-2.27%
Date Range
1/1/2000 - 5/1/2025
Summary
The Monthly Unemployment Rate Male: From 15 to 24 Years for Estonia tracks the percentage of the male population aged 15 to 24 in Estonia who are unemployed. This metric is a key indicator of labor market conditions and economic health for young workers.
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, published by the U.S. Federal Reserve, provides a detailed breakdown of unemployment for a specific demographic group in Estonia. Economists and policymakers use this information to understand labor force participation and identify potential areas for targeted interventions.
Methodology
The data is collected through household surveys conducted by the national statistics agency.
Historical Context
This unemployment rate is used to inform economic policy decisions and monitor the well-being of young workers in Estonia.
Key Facts
- Estonia's youth unemployment rate is higher than the national average.
- Male unemployment is typically higher than female unemployment for this age group.
- Trends in youth unemployment are closely watched by policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for males aged 15 to 24 in Estonia. It provides a detailed view of labor market conditions for this key demographic.
Q: Why is this trend relevant for users or analysts?
A: Youth unemployment is a critical indicator of economic health and social well-being. Monitoring this data helps policymakers and analysts understand labor force participation and identify areas for potential intervention.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Estonia's national statistics agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this unemployment data to inform decisions around workforce development, education, and other policies aimed at supporting young workers.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a lag of several weeks between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Estonia (LRHU24MAEEM156S), retrieved from FRED.