Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Czechia
LFHU24MACZM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,000.00
Year-over-Year Change
28.57%
Date Range
1/1/1993 - 5/1/2025
Summary
This economic trend measures the monthly unemployment rate for males aged 15 to 24 in Czechia. It provides important insights into youth employment and labor market dynamics in the Czech economy.
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 Male: From 15 to 24 Years for Czechia measures the unemployment rate for young men in the Czech Republic on a monthly basis. This data is crucial for understanding the challenges and opportunities facing young workers in the Czech labor market.
Methodology
The data is collected through national labor force surveys conducted by the Czech Statistical Office.
Historical Context
This trend is widely used by economists, policymakers, and labor market analysts to inform economic and social policies targeting youth employment.
Key Facts
- Czechia has one of the lowest youth unemployment rates in the EU.
- Male youth unemployment is typically higher than female youth unemployment in Czechia.
- The COVID-19 pandemic caused a spike in youth unemployment in Czechia in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for males aged 15 to 24 in Czechia, providing insights into youth employment in the Czech labor market.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the challenges and opportunities facing young workers in the Czech economy, which is crucial for informing labor market policies and economic strategies.
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: This trend is widely used by economists, policymakers, and labor market analysts to inform economic and social policies targeting youth employment in Czechia.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay. There may be some limitations in sampling or coverage, as with any labor force survey.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Czechia (LFHU24MACZM647S), retrieved from FRED.