Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Czechia
LFEM24MACZA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150,675.00
Year-over-Year Change
-15.48%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the employment level of Czech males aged 15 to 24 years. It provides important insights into the labor force participation and workforce dynamics of young workers in Czechia.
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: Employment Male: From 15 to 24 Years for Czechia series tracks the monthly employment levels of Czech men in the 15-24 age group. This data point is a key indicator of youth labor market conditions and can help policymakers and analysts assess the economic opportunities and challenges facing young workers.
Methodology
This data is collected through household and labor force surveys conducted by the Czech Statistical Office.
Historical Context
Trends in youth employment are closely monitored by governments, central banks, and other economic stakeholders to inform labor market and social policies.
Key Facts
- Czechia has one of the lowest youth unemployment rates in the EU.
- Youth employment in Czechia has remained relatively stable over the past decade.
- The 15-24 age group accounts for approximately 10% of the Czech labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment level of Czech males aged 15 to 24 years, providing insight into the labor force participation and workforce dynamics of young workers in Czechia.
Q: Why is this trend relevant for users or analysts?
A: Trends in youth employment are closely monitored by governments, central banks, and other stakeholders to inform labor market and social policies.
Q: How is this data collected or calculated?
A: This data is collected through household and labor force surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the economic opportunities and challenges facing young workers in Czechia, which informs labor market and social policies.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into the Czech youth labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Czechia (LFEM24MACZA647S), retrieved from FRED.