Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 24 Years for Slovak Republic
LRIN24FESKQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.95
Year-over-Year Change
-1.68%
Date Range
1/1/1999 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 24 Years for Slovak Republic measures the percentage of females aged 15 to 24 in Slovakia who are not employed or actively seeking work.
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 trend provides insight into labor force participation and engagement among young women in Slovakia. It is used by economists and policymakers to analyze workforce dynamics and develop targeted policies to promote employment and economic inclusion.
Methodology
The data is collected through household surveys conducted by the Slovak Statistical Office.
Historical Context
This metric is relevant for understanding economic and social factors impacting young women in the Slovak labor market.
Key Facts
- Slovakia's youth inactivity rate for females aged 15-24 was 31.2% in 2021.
- The inactivity rate for this demographic has decreased from 33.5% in 2016.
- Women aged 15-24 have a higher inactivity rate than their male counterparts in Slovakia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of females aged 15 to 24 in Slovakia who are not employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into labor force participation and engagement among young women in Slovakia, which is useful for economists and policymakers analyzing workforce dynamics and developing targeted policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: This metric is relevant for understanding economic and social factors impacting young women in the Slovak labor market, which can inform policy decisions to promote employment and economic inclusion.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, so there may be some delay in the most recent updates.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 24 Years for Slovak Republic (LRIN24FESKQ156S), retrieved from FRED.