Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Czechia
LRUN55FECZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.20
Year-over-Year Change
-63.03%
Date Range
1/1/1998 - 1/1/2024
Summary
The Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Czechia measures the unemployment rate for Czech women aged 55 to 64. This indicator provides insights into labor market participation and economic activity within this demographic.
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 tracks the unemployment rate specifically for Czech women aged 55 to 64, a key cohort for understanding labor force dynamics and economic trends as populations age. Analysts and policymakers monitor this indicator to assess employment challenges and opportunities for older working women.
Methodology
The data is collected through labor force surveys conducted by the Czech Statistical Office.
Historical Context
This unemployment rate trend helps inform employment and social policies aimed at supporting older workers and promoting active aging in the Czech labor market.
Key Facts
- Czechia has one of the lowest overall unemployment rates in the EU.
- Women aged 55-64 have a higher unemployment rate than men in the same age group.
- Labor force participation of older Czech women has increased in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate specifically for Czech women aged 55 to 64 years old.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into labor market participation and economic activity within this key demographic, informing employment and social policies.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: This unemployment rate trend helps inform policies aimed at supporting older workers and promoting active aging in the Czech labor market.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Czechia (LRUN55FECZA156S), retrieved from FRED.