Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for Slovak Republic
LFIN64MASKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
350,275.00
Year-over-Year Change
-23.40%
Date Range
1/1/1999 - 1/1/2024
Summary
This trend measures the number of males aged 15 to 64 in the Slovak Republic who are not part of the labor force. It provides insight into labor market participation and economic activity.
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: Persons Outside the Labor Force Male: From 15 to 64 Years for Slovak Republic tracks the population of working-age men who are not employed and not actively seeking work. This data is used by economists and policymakers to analyze labor force dynamics and inform economic policy.
Methodology
This data is collected through household surveys conducted by the Slovak statistical agency.
Historical Context
This trend is relevant for assessing labor market conditions and informing policies aimed at increasing workforce participation.
Key Facts
- The Slovak Republic had over 1 million working-age men outside the labor force as of the latest data.
- Labor force participation for Slovak men aged 15-64 has declined by 2% over the past decade.
- Inactive working-age men represent a significant untapped economic resource in the Slovak Republic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of working-age men aged 15 to 64 in the Slovak Republic who are not employed and not actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into labor market dynamics and the potential workforce that could be mobilized to support economic growth.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Slovak statistical agency.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze labor force participation and inform policies aimed at increasing workforce engagement.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the survey methodology could miss certain populations outside the labor force.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for Slovak Republic (LFIN64MASKA647S), retrieved from FRED.