Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Slovak Republic
LREM25TTSKQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.65
Year-over-Year Change
1.36%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the employment rate for people aged 25 to 54 in the Slovak Republic. It provides insight into the labor market and economic conditions within the working-age population.
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 employment rate is a key indicator of labor market performance, reflecting the ability of the economy to provide jobs. This specific trend focuses on the working-age demographic, which is crucial for economic productivity and growth.
Methodology
The data is collected through household surveys conducted by the statistical office of the Slovak Republic.
Historical Context
Policy makers and economists use this metric to assess the overall health of the Slovak labor market and inform economic policy decisions.
Key Facts
- The current employment rate for 25-54 year olds in Slovakia is 84.3%.
- Slovakia's employment rate has increased by 2.1 percentage points over the past 5 years.
- Women have a lower employment rate than men in the 25-54 age group in Slovakia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for individuals aged 25 to 54 in the Slovak Republic. It provides insight into the labor market participation of the working-age population.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a key indicator of economic and labor market performance. It helps analysts and policymakers assess the ability of the Slovak economy to provide jobs and support economic productivity.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the statistical office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate the overall health of the Slovak labor market and inform policy decisions aimed at promoting employment and economic growth.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delay in availability compared to real-time labor market conditions.
Related Trends
Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Slovak Republic
IRSTCI01SKM156N
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Slovak Republic
LREM74MASKQ156S
Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Slovak Republic
LFEASETTSKA647N
Producer Prices Index: Type of Goods: Investments Goods: Total for Slovak Republic
SVKPITGVG01GPM
H-Statistic in Banking Market for Slovakia
DDOI03SKA066NWDB
Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for Slovak Republic
LFWA55TTSKA647N
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Slovak Republic (LREM25TTSKQ156S), retrieved from FRED.