Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Finland
LRUN24MAFIQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.54
Year-over-Year Change
59.14%
Date Range
1/1/1998 - 1/1/2025
Summary
The Unemployment Rate Male: From 15 to 24 Years for Finland measures the percentage of the male labor force aged 15 to 24 in Finland who are jobless but actively seeking employment. This key labor market indicator provides insight into the economic well-being and job prospects of young workers.
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 infra-annual statistic tracks short-term changes in unemployment for young men in Finland. It is used by economists and policymakers to monitor the labor market, evaluate the effectiveness of employment policies, and understand broader economic trends affecting youth.
Methodology
The data is collected through household surveys conducted by Statistics Finland.
Historical Context
This unemployment rate is a important input for fiscal and monetary policy decisions in Finland.
Key Facts
- Finland's male youth unemployment rate averaged 19.2% from 2000-2020.
- Unemployment is typically higher for younger workers than the overall labor force.
- The rate increased sharply during the 2008-2009 financial crisis.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of males aged 15-24 in Finland's labor force who are unemployed and actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The youth unemployment rate is an important gauge of economic conditions and job prospects for younger workers, which has implications for policymakers and broader labor market analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Finland.
Q: How is this trend used in economic policy?
A: The male youth unemployment rate in Finland is a key input for fiscal and monetary policies aimed at promoting employment and economic stability.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, so there may be delays in the most recent observations compared to the overall labor force statistics.
Related Trends
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FINCP040200IXOBM
Harmonized Index of Consumer Prices: Gas for Finland
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Value of Exports to Finland from Minnesota
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Consumer Price Index: All Items: Total for Finland
CPALTT01FIM657N
Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Finland
LFWATTTTFIQ647S
Harmonized Index of Consumer Prices: Mainly Administered Prices for Finland
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Finland (LRUN24MAFIQ156S), retrieved from FRED.