Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Czechia
LRHUTTMACZA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.35
Year-over-Year Change
-61.05%
Date Range
1/1/1993 - 1/1/2024
Summary
This economic indicator tracks the monthly unemployment rate for males aged 15 and over in Czechia. It provides insight into the country's labor market dynamics and is a key metric for policymakers and economists.
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 monthly unemployment rate for males aged 15 and over in Czechia is an important measure of the nation's economic health and labor force participation. It is used to assess employment trends, inform policy decisions, and analyze the overall strength of the Czech workforce.
Methodology
The data is collected through national labor force surveys conducted by the Czech Statistical Office.
Historical Context
This trend is closely monitored by the Czech government, central bank, and international institutions to gauge the state of the country's economy.
Key Facts
- Czechia has one of the lowest unemployment rates in the European Union.
- The male unemployment rate is typically lower than the overall national rate.
- Unemployment levels are an important factor in setting monetary and fiscal policies.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly unemployment rate for males aged 15 and over in Czechia, providing insights into the country's labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: The male unemployment rate is a key metric for assessing the overall strength of the Czech workforce and informing policy decisions related to the economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Czech Statistical Office.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Czech government, central bank, and international institutions to gauge the state of the country's economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a short delay, and represents the most up-to-date information on male unemployment in Czechia.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Czechia (LRHUTTMACZA156N), retrieved from FRED.