Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Czechia
Annual, Seasonally Adjusted
LRUN24MACZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.48
Year-over-Year Change
-57.30%
Date Range
1/1/1998 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the unemployment rate for Argentina. This key economic indicator provides insights into the health of the Argentine labor market and is closely monitored by 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 Annual, Seasonally Adjusted unemployment rate tracks the percentage of the total labor force in Argentina that is without a job but actively seeking employment. This metric is a vital barometer of economic conditions and is used to inform policy decisions.
Methodology
The data is collected through household surveys conducted by the National Institute of Statistics and Censuses (INDEC) in Argentina.
Historical Context
The Argentine unemployment rate is a critical data point referenced by the Central Bank of Argentina, the International Monetary Fund, and private sector analysts.
Key Facts
- Argentina's unemployment rate averaged 9.7% from 2010-2020.
- The highest recorded unemployment rate in Argentina was 16.1% in 2002.
- Women have historically experienced higher unemployment rates than men in Argentina.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the unemployment rate in Argentina, representing the percentage of the total labor force that is without a job but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The Argentine unemployment rate is a crucial economic indicator used by policymakers, investors, and analysts to assess the health of the labor market and broader economic conditions in the country.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the National Institute of Statistics and Censuses (INDEC) in Argentina.
Q: How is this trend used in economic policy?
A: The Argentine unemployment rate is closely monitored by the Central Bank of Argentina and the International Monetary Fund, as it informs policy decisions and assessments of the country's economic performance.
Q: Are there update delays or limitations?
A: The Annual, Seasonally Adjusted unemployment rate data is typically published with a lag of several months, and may be subject to revisions by the statistical agency.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN24MACZA156S), retrieved from FRED.