Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Czechia
LRHUADMACZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.98
Year-over-Year Change
-59.76%
Date Range
1/1/1993 - 1/1/2024
Summary
This economic trend measures the monthly unemployment rate for men aged 25 and over in Czechia. It provides important insights into the country's labor market dynamics and is closely monitored by economists and policymakers.
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
The Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Czechia tracks the percentage of the male population aged 25 and older who are jobless but actively seeking employment in the Czech Republic. This metric is a key indicator of the overall health and stability of the country's labor market.
Methodology
The data is collected through national labor force surveys conducted by the Czech Statistical Office.
Historical Context
This unemployment rate statistic is widely used by economists, government agencies, and international organizations to assess economic conditions and inform policy decisions.
Key Facts
- Czechia has one of the lowest unemployment rates in the European Union.
- The male unemployment rate is typically lower than the overall rate in Czechia.
- Unemployment data is closely watched by the Czech National Bank and government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for men aged 25 and over in Czechia, providing insights into the country's labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: This unemployment rate statistic is a key indicator of economic conditions and is widely used by economists, government agencies, and international organizations to assess the labor market and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: This unemployment rate is closely monitored by the Czech National Bank and government to assess the overall health of the labor market and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical lag of a few weeks from the reference period.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Czechia (LRHUADMACZA156S), retrieved from FRED.