Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Finland
LRHU24FEFIA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.69
Year-over-Year Change
-0.66%
Date Range
1/1/1988 - 1/1/2024
Summary
This trend measures the monthly unemployment rate for females aged 15 to 24 in Finland. It provides critical insight into the labor market experiences of young women, which is important for economists and policymakers focused on employment and economic inclusion.
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 Rate Female: From 15 to 24 Years for Finland series tracks the percentage of the female labor force aged 15 to 24 who are jobless but actively seeking work in Finland. This data is used to assess the labor market health and identify potential areas for policy intervention.
Methodology
The data is collected through national labor force surveys conducted by Statistics Finland.
Historical Context
This unemployment rate metric is widely referenced by economists, policymakers, and international organizations to monitor labor market trends and inform economic policy decisions.
Key Facts
- Finland's youth unemployment rate for females is consistently below the OECD average.
- The unemployment rate for young Finnish women has declined steadily since the global financial crisis.
- Seasonal fluctuations in female youth unemployment are common in Finland due to the academic calendar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for females aged 15 to 24 in Finland. It provides data on the labor market experiences of young women in the country.
Q: Why is this trend relevant for users or analysts?
A: This unemployment rate metric is important for economists and policymakers to assess the health of the labor market and identify potential areas for policy intervention to support youth employment.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by Statistics Finland.
Q: How is this trend used in economic policy?
A: This unemployment rate for young Finnish women is widely referenced by economists, policymakers, and international organizations to monitor labor market trends and inform economic policy decisions.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting due to the survey-based collection method, but the trend is generally updated on a monthly basis.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Finland (LRHU24FEFIA156N), retrieved from FRED.