Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Czechia
LRHU24MACZM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.70
Year-over-Year Change
3.19%
Date Range
1/1/1993 - 5/1/2025
Summary
The Monthly Unemployment Rate Male: From 15 to 24 Years for Czechia measures the percentage of the male population aged 15 to 24 in Czechia who are unemployed. This trend is a key indicator of labor market conditions and economic performance for young workers in the country.
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 monthly labor statistic represents the share of males aged 15 to 24 in Czechia who are actively seeking work but unable to find employment. It is an important metric for policymakers and economists to assess the challenges faced by young people entering the workforce.
Methodology
The data is collected through household surveys conducted by the Czech Statistical Office.
Historical Context
This unemployment rate for young males is used to inform economic and workforce development policies in Czechia.
Key Facts
- Czechia's male youth unemployment rate averaged 5.8% from 2015-2020.
- The rate peaked at 8.1% in May 2020 during the COVID-19 pandemic.
- Young males have historically experienced higher unemployment than the national average in Czechia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for males aged 15 to 24 in Czechia, representing the share of that population who are actively seeking work but unable to find employment.
Q: Why is this trend relevant for users or analysts?
A: This youth unemployment rate is an important indicator of labor market conditions and economic opportunities for young workers in Czechia, which is relevant for policymakers, economists, and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: This unemployment rate for young males informs workforce development and economic policies aimed at improving employment opportunities for youth in Czechia.
Q: Are there update delays or limitations?
A: The data is published monthly with a delay of approximately 2 months.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Czechia (LRHU24MACZM156S), retrieved from FRED.