Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Estonia
LFHU24MAEEM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,000.00
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 5/1/2025
Summary
This trend measures the monthly unemployment rate for males aged 15 to 24 years in Estonia. It provides key insights into the labor market dynamics and economic conditions affecting young men 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 Male: From 15 to 24 Years for Estonia trend tracks the unemployment rate for a specific demographic group within the Estonian labor force. This data is used by economists and policymakers to analyze employment trends and identify areas that may require targeted interventions.
Methodology
The data is collected through household surveys conducted by the Estonian national statistical agency.
Historical Context
This trend is relevant for understanding the health of the Estonian economy and informing labor market policies.
Key Facts
- The current unemployment rate for Estonian males aged 15-24 is 12.4%.
- This trend has shown a steady decline in youth unemployment since 2015.
- The COVID-19 pandemic had a significant impact on youth employment in Estonia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for males aged 15 to 24 years in Estonia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the labor market dynamics and economic conditions affecting young men in Estonia, which is crucial for policymakers and economists to understand.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Estonian national statistical agency.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers to monitor the health of the Estonian labor market and inform policies aimed at improving employment opportunities for young men.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be some delays in the release of the most recent figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Estonia (LFHU24MAEEM647S), retrieved from FRED.