Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Slovak Republic
LFEMTTTTSKQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,604,300.00
Year-over-Year Change
1.22%
Date Range
4/1/1993 - 1/1/2025
Summary
This economic indicator tracks total employment for individuals aged 15 and over in the Slovak Republic. It provides valuable insights into the country's labor market and overall economic conditions.
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: 15 Years or over for Slovak Republic measures the total number of employed persons aged 15 and above in the Slovak Republic. This statistic is a key indicator of the health and strength of the Slovak labor market and broader economy.
Methodology
The data is collected through national labor force surveys conducted by the statistical agencies of the Slovak Republic.
Historical Context
This employment trend is closely monitored by policymakers, economists, and market analysts to assess the state of the Slovak economy and inform economic policy decisions.
Key Facts
- Employment in Slovakia reached a record high in 2019.
- The services sector accounts for the largest share of employment in the country.
- Unemployment rates in Slovakia have steadily declined since the global financial crisis.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of employed persons aged 15 and over in the Slovak Republic, providing insights into the country's labor market and economic conditions.
Q: Why is this trend relevant for users or analysts?
A: This employment statistic is a crucial indicator for assessing the strength and health of the Slovak economy, and is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the statistical agencies of the Slovak Republic.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use this employment trend to evaluate the state of the Slovak economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the statistical agencies of the Slovak Republic, with occasional delays or revisions depending on data collection and processing timelines.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Slovak Republic (LFEMTTTTSKQ647N), retrieved from FRED.