Infra-Annual Labor Statistics: Employees Total for Slovak Republic
LFESEETTSKQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,214,000.00
Year-over-Year Change
1.91%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures the total number of employees in the Slovak Republic on an infra-annual basis. It provides crucial insights into the labor market and overall economic activity in the country.
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: Employees Total for Slovak Republic tracks the total number of people employed in the Slovak economy. This high-frequency data series is used by economists and policymakers to monitor labor market trends and assess the broader state of the Slovak economy.
Methodology
The data is collected through surveys of businesses and households in the Slovak Republic.
Historical Context
This trend is closely watched by the National Bank of Slovakia and other institutions to inform economic and monetary policy decisions.
Key Facts
- The Slovak Republic has a population of approximately 5.4 million people.
- The services sector accounts for the largest share of employment in the Slovak economy.
- Slovakia joined the Eurozone in 2009.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the Slovak Republic on an infra-annual basis, providing insights into the labor market and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: This high-frequency data series is closely monitored by economists and policymakers to assess the state of the Slovak labor market and broader economy, informing economic and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households in the Slovak Republic.
Q: How is this trend used in economic policy?
A: The National Bank of Slovakia and other institutions use this trend to inform their economic and monetary policy decisions, as it provides valuable insights into the labor market and overall economic activity in the country.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting or updates, as the information is collected through surveys of businesses and households.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employees Total for Slovak Republic (LFESEETTSKQ647N), retrieved from FRED.