Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Finland
LRHU24MAFIA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.54
Year-over-Year Change
-5.86%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the monthly unemployment rate for male individuals aged 15 to 24 years in Finland. It provides valuable insights into youth labor market dynamics.
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 Male: From 15 to 24 Years for Finland tracks the percentage of the Finnish male population in this age group who are actively seeking work but unable to find employment. This metric is closely monitored by economists and policymakers to assess the health of the labor market.
Methodology
The data is collected through household surveys conducted by Finland's national statistical agency.
Historical Context
This trend informs labor market and economic policies aimed at promoting youth employment.
Key Facts
- Finland's youth unemployment rate is lower than the EU average.
- Male unemployment is generally higher than female unemployment in this age group.
- Seasonal factors significantly impact monthly youth unemployment in Finland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for Finnish males aged 15 to 24 years old.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health of the Finnish labor market, particularly for youth employment, which is a key economic and policy concern.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Finland's national statistical agency.
Q: How is this trend used in economic policy?
A: This trend informs labor market and economic policies aimed at promoting youth employment in Finland.
Q: Are there update delays or limitations?
A: The data is subject to seasonal variations and may have short publication delays.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Finland (LRHU24MAFIA156N), retrieved from FRED.