Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Slovak Republic
LFHUADMASKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70,166.67
Year-over-Year Change
-54.63%
Date Range
1/1/1995 - 1/1/2022
Summary
This economic trend measures the monthly harmonized unemployment rate for males aged 25 and over in the Slovak Republic. It provides valuable insights into the country's labor market dynamics and overall economic conditions.
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 Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Slovak Republic series is a key indicator used by economists and policymakers to assess the health of the Slovak labor market. It helps analyze employment trends, inform policy decisions, and track the impacts of economic shocks.
Methodology
The data is collected through national labor force surveys conducted by the Slovak Statistical Office.
Historical Context
This trend is closely monitored by the Slovak government, the European Union, and international economic organizations to guide policy interventions and track the country's economic performance.
Key Facts
- The latest reported unemployment rate for Slovak men aged 25+ is 5.4%.
- Unemployment levels for this group have declined steadily since the 2008 financial crisis.
- Slovakia's male unemployment rate is lower than the European Union average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly harmonized unemployment rate for males aged 25 and over in the Slovak Republic. It provides insights into the country's labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator used by economists and policymakers to assess the health of the Slovak labor market and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Slovak government, the European Union, and international economic organizations to guide policy interventions and track the country's economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delay, providing timely insights into the Slovak labor market.
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Slovak Republic (LFHUADMASKA647N), retrieved from FRED.