Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Spain
LFHU24MAESQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
245,000.00
Year-over-Year Change
0.00%
Date Range
1/1/1983 - 1/1/2025
Summary
This economic trend measures the monthly unemployment rate for males aged 15 to 24 years in Spain. It provides valuable insights into the 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 Male: From 15 to 24 Years for Spain tracks the share of unemployed males within the 15-24 age group in the Spanish labor force. This data series is used by economists and policymakers to analyze youth unemployment and inform labor market policies.
Methodology
The data is collected through household surveys conducted by the Spanish National Statistics Institute.
Historical Context
This trend is closely monitored by labor economists and government agencies to assess the health of the Spanish economy and inform policy decisions.
Key Facts
- Spain's youth unemployment rate is among the highest in the European Union.
- The male unemployment rate for ages 15-24 is typically higher than the overall unemployment rate.
- Reducing youth unemployment is a key policy objective for the Spanish government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for males aged 15 to 24 years in Spain, providing insights into youth employment dynamics.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for economists and policymakers to analyze the labor market conditions and inform policies aimed at addressing youth unemployment in Spain.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Spanish National Statistics Institute.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by labor economists and government agencies to assess the health of the Spanish economy and inform policy decisions aimed at addressing youth unemployment.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be occasional delays or revisions due to the survey methodology.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Spain (LFHU24MAESQ647N), retrieved from FRED.