Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Czechia
LFHU24FECZA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,333.33
Year-over-Year Change
-53.35%
Date Range
1/1/1993 - 1/1/2024
Summary
This economic trend measures the monthly unemployment rate for females aged 15 to 24 in Czechia. It provides important insights into labor market dynamics and youth employment 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: Monthly Unemployment Female: From 15 to 24 Years for Czechia series tracks the unemployment rate for young women in the Czech Republic on a monthly basis. This metric is crucial for understanding employment trends and identifying potential areas of concern in the local labor market.
Methodology
The data is collected through national labor force surveys conducted by the Czech Statistical Office.
Historical Context
Policymakers and economists use this trend to inform labor market policies and monitor the effectiveness of youth employment initiatives.
Key Facts
- Czechia has one of the lowest youth unemployment rates in the EU.
- Female youth unemployment is typically higher than male youth unemployment in Czechia.
- The unemployment rate for young women in Czechia has declined in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for females aged 15 to 24 in Czechia, providing insights into youth employment in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding labor market dynamics and evaluating the effectiveness of policies aimed at promoting youth employment in Czechia.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to inform labor market policies and monitor the effectiveness of youth employment initiatives in Czechia.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical update delay of 1-2 months.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Czechia (LFHU24FECZA647N), retrieved from FRED.