Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Slovak Republic
LRHU24FESKM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.50
Year-over-Year Change
-24.76%
Date Range
1/1/1998 - 5/1/2025
Summary
The Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Slovak Republic tracks the monthly unemployment rate for young women in Slovakia. This metric is crucial for understanding labor market dynamics and guiding economic policymaking.
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 economic indicator measures the percentage of the female labor force aged 15 to 24 in Slovakia who are unemployed and actively seeking work. It provides timely insights into youth unemployment, a key factor in economic and social development.
Methodology
The data is collected through household labor force surveys conducted by the Slovak Statistical Office.
Historical Context
Policymakers use this metric to evaluate the effectiveness of youth employment programs and tailor labor market policies accordingly.
Key Facts
- The average unemployment rate for young women in Slovakia is around 25%.
- Youth unemployment is over twice the national average unemployment rate.
- The female youth unemployment rate is higher than the male rate in Slovakia.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the monthly unemployment rate for females aged 15 to 24 in the Slovak Republic labor force.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into youth unemployment, which is a key factor in economic and social development.
Q: How is this data collected or calculated?
A: The data is collected through household labor force surveys conducted by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to evaluate the effectiveness of youth employment programs and tailor labor market policies accordingly.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely insights into labor market conditions.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Slovak Republic (LRHU24FESKM156S), retrieved from FRED.