Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Estonia
LRUN55FEEEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.44
Year-over-Year Change
14.29%
Date Range
1/1/2000 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Estonia measures the percentage of Estonian women aged 55 to 64 who are unemployed. This key labor market indicator provides insights into the economic participation and challenges facing older female 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 tracks the unemployment rate for Estonian women between the ages of 55 and 64. It is a valuable metric for economists and policymakers to assess labor force participation, skills gaps, and age-related employment dynamics within the Estonian economy.
Methodology
The data is collected through household surveys conducted by the Estonian statistical agency.
Historical Context
Monitoring this unemployment rate helps inform policies aimed at extending the working lives of older women and promoting greater labor force inclusion.
Key Facts
- Estonia's female unemployment rate for ages 55-64 was 5.4% in 2021.
- The rate has declined from a high of 7.8% in 2017.
- Older Estonian women have higher unemployment than their male counterparts.
FAQs
Q: What does this economic trend measure?
A: This data series measures the unemployment rate among Estonian women aged 55 to 64 years old. It provides insights into the labor force participation and job market outcomes for older female workers in the country.
Q: Why is this trend relevant for users or analysts?
A: Tracking the unemployment rate for this demographic group is crucial for understanding labor market dynamics, identifying potential skills gaps, and informing policies aimed at extending the working lives of older women in Estonia.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Estonian statistical agency.
Q: How is this trend used in economic policy?
A: Monitoring this unemployment rate helps policymakers develop initiatives to promote greater labor force inclusion and participation among older Estonian women, which can impact economic growth and productivity.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual basis, so there may be delays in the most recent figures being available. Additionally, the survey-based nature of the data may limit its granularity or timeliness compared to administrative sources.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Estonia (LRUN55FEEEQ156S), retrieved from FRED.