Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Finland
LFHU24FEFIA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,500.00
Year-over-Year Change
1.43%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic indicator tracks the monthly unemployment rate for females aged 15 to 24 in Finland. It provides valuable insights into the labor market dynamics and economic conditions affecting young working women 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 Finland series measures the percentage of the female labor force aged 15 to 24 who are unemployed in Finland on a monthly basis. This data is used by economists and policymakers to assess the employment challenges and opportunities facing young women in the Finnish economy.
Methodology
The data is collected through national labor force surveys conducted by Statistics Finland.
Historical Context
This trend is closely monitored by Finnish economic and labor market analysts to inform policy decisions and economic forecasting.
Key Facts
- Finland's youth female unemployment rate averaged 18.4% in 2021.
- The rate has shown a downward trend since the COVID-19 pandemic peak in 2020.
- Unemployment is higher among young women compared to young men in Finland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for females aged 15 to 24 in Finland. It provides insights into the labor market conditions affecting young working women in the country.
Q: Why is this trend relevant for users or analysts?
A: This data is important for economists and policymakers to assess the employment challenges and opportunities facing young women in the Finnish economy, informing policy decisions and economic forecasting.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by Statistics Finland.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by Finnish economic and labor market analysts to inform policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short delay, providing timely insights into the labor market conditions.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Finland (LFHU24FEFIA647N), retrieved from FRED.