Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for Czechia
Annual, Seasonally Adjusted
LFUN24FECZA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,900.00
Year-over-Year Change
-55.05%
Date Range
1/1/1998 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' series measures the total labor force of individuals aged 24 and under in the Eurozone. This key economic indicator provides insights into workforce participation and labor market trends.
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
This labor force statistic tracks the total number of employed and unemployed people aged 24 and under who are actively engaged in the Eurozone's economy. It is a valuable indicator for analyzing youth employment, economic activity, and future workforce dynamics.
Methodology
The data is collected through household and labor force surveys conducted by Eurostat.
Historical Context
Policymakers and economists use this metric to inform labor market and economic policies.
Key Facts
- The Eurozone's total youth labor force is over 32 million.
- Youth unemployment rate in the Eurozone is currently around 15%.
- Youth labor force participation varies significantly across Eurozone countries.
FAQs
Q: What does this economic trend measure?
A: This series measures the total labor force of individuals aged 24 and under in the Eurozone, including both employed and unemployed persons.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into youth employment, workforce participation, and economic activity in the Eurozone, which are crucial for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through household and labor force surveys conducted by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to inform labor market policies, workforce development initiatives, and broader economic strategies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFUN24FECZA647S), retrieved from FRED.