Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Slovak Republic
LFEM74TTSKQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,612,832.00
Year-over-Year Change
0.83%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures total employment for individuals aged 15 to 74 in the Slovak Republic. It provides key insights into the country's labor market dynamics and workforce participation.
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 Total: From 15 to 74 Years for Slovak Republic is a statistical series that tracks the total number of employed persons within a specific age range in the Slovak economy. This data is used by economists and policymakers to analyze labor market trends and assess the overall health of the country's workforce.
Methodology
The data is collected through household surveys conducted by the Slovak Statistical Office.
Historical Context
This employment trend is closely monitored by the Slovak government and central bank to inform economic policies and labor market interventions.
Key Facts
- The Slovak Republic has a population of approximately 5.4 million people.
- The country's unemployment rate was 6.1% as of 2022.
- Slovakia is a member of the European Union and the Eurozone.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed individuals aged 15 to 74 in the Slovak Republic. It provides insights into the country's overall labor market and workforce participation.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is a key indicator of the Slovak economy's health and can inform policy decisions, labor market interventions, and economic forecasting.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: The Slovak government and central bank closely monitor this employment trend to guide economic policies and labor market initiatives.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, but there may be some delays in publication due to the time required for data collection and processing.
Related Trends
Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Slovak Republic
LFEM55TTSKA657N
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Slovak Republic
SVKPROINDAISMEI
Consumer Price Index: Harmonized Prices: Food and Non-Alcoholic Beverages (COICOP 01): Total for Slovak Republic
SVKCPHP0100GPM
Lerner Index in Banking Market for Slovakia
DDOI04SKA066NWDB
Production: Manufacturing: Total Manufacturing for Slovak Republic
SVKPRMNTO01GPSAM
Leading Indicators OECD: Leading indicators: CLI: Normalised for the Slovak Republic
SVKLOLITONOSTSAM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Slovak Republic (LFEM74TTSKQ647S), retrieved from FRED.