Infra-Annual Labor Statistics: Unemployment Rate Female: 15 Years or over for Slovak Republic
LRUNTTFESKA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.94
Year-over-Year Change
-59.12%
Date Range
1/1/1994 - 1/1/2024
Summary
This economic trend measures the unemployment rate for women aged 15 and over in the Slovak Republic. It provides important insights into the labor market and overall economic conditions for this demographic.
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 unemployment rate is a key indicator of economic health, measuring the percentage of the active female labor force in the Slovak Republic that is jobless but actively seeking employment. Policymakers and analysts use this data to evaluate the strength of the Slovak labor market and inform economic policies.
Methodology
The data is collected through national labor force surveys conducted by the Slovak Statistical Office.
Historical Context
This trend is widely used by economists, policymakers, and financial markets to assess the Slovak economy.
Key Facts
- The unemployment rate for Slovak women aged 15+ averaged 10.6% in 2021.
- The female unemployment rate in Slovakia is higher than the overall national rate.
- Trends in the female unemployment rate provide insights into gender equality in the labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate for women aged 15 and over in the Slovak Republic. It is a key indicator of labor market conditions for this demographic.
Q: Why is this trend relevant for users or analysts?
A: The female unemployment rate in Slovakia is an important metric for evaluating the overall health of the labor market and identifying potential areas for economic policy interventions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the strength of the Slovak labor market and inform policies aimed at promoting employment and economic growth.
Q: Are there update delays or limitations?
A: The data is reported on an intra-annual basis, so there may be some delay in availability compared to monthly or quarterly labor market indicators.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Female: 15 Years or over for Slovak Republic (LRUNTTFESKA156S), retrieved from FRED.