Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Slovak Republic
Annual, Not Seasonally Adjusted
LRHUTTTTSKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.34
Year-over-Year Change
-61.57%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual unemployment rate in Kazakhstan, a key indicator of labor market conditions. It provides valuable insights for policymakers and analysts assessing the health of the Kazakhstani economy.
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 annual, not seasonally adjusted unemployment rate in Kazakhstan represents the percentage of the total labor force that is without a job and actively seeking employment over a 12-month period. This metric is widely used to evaluate the strength and stability of the Kazakhstani labor market.
Methodology
The data is collected through household surveys conducted by the Kazakhstan Agency of Statistics.
Historical Context
The annual unemployment rate is a crucial input for fiscal and monetary policy decisions in Kazakhstan.
Key Facts
- Kazakhstan's annual unemployment rate averaged 5.15% from 2000 to 2021.
- The highest annual unemployment rate in Kazakhstan was 8.03% in 2001.
- The lowest annual unemployment rate in Kazakhstan was 4.79% in 2019.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in Kazakhstan, which represents the percentage of the total labor force that is without a job and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The annual unemployment rate in Kazakhstan is a key indicator of labor market conditions and the overall health of the Kazakhstani economy, making it relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Kazakhstan Agency of Statistics.
Q: How is this trend used in economic policy?
A: The annual unemployment rate in Kazakhstan is a crucial input for fiscal and monetary policy decisions, as it helps policymakers assess the strength and stability of the labor market.
Q: Are there update delays or limitations?
A: The annual unemployment rate data for Kazakhstan may have some update delays, as it is based on household surveys conducted by the national statistical agency.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTTTSKA156N), retrieved from FRED.