Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Estonia
LRHUADTTEEM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.70
Year-over-Year Change
9.84%
Date Range
1/1/2000 - 5/1/2025
Summary
This trend measures the monthly unemployment rate for individuals aged 25 and over in Estonia. It provides critical insights into the Estonian labor market and overall economic conditions.
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 Total: 25 Years or over for Estonia is a key indicator used by economists and policymakers to analyze employment dynamics and assess the health of the Estonian economy.
Methodology
The data is collected through nationally representative household surveys conducted by the Estonian statistical agency.
Historical Context
This trend is closely monitored by the Estonian government and the European Union to inform economic and labor market policies.
Key Facts
- Estonia's unemployment rate for those 25 and over averaged 7.8% in 2022.
- The unemployment rate for this age group peaked at 11.2% during the COVID-19 pandemic in 2020.
- Analysts use this data to track the economic recovery and identify demographic trends in the Estonian labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for individuals aged 25 and over in Estonia. It provides insights into the labor market dynamics for this key demographic.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the overall health of the Estonian economy and labor market. It helps policymakers and analysts assess employment conditions and identify potential areas for intervention.
Q: How is this data collected or calculated?
A: The data is collected through nationally representative household surveys conducted by the Estonian statistical agency.
Q: How is this trend used in economic policy?
A: The Estonian government and the European Union closely monitor this trend to inform labor market policies and support economic growth.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of 4-6 weeks. There may be occasional revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Estonia (LRHUADTTEEM156S), retrieved from FRED.