Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for Estonia
LFAC24MAEEQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,700.00
Year-over-Year Change
21.72%
Date Range
1/1/2000 - 1/1/2025
Summary
This economic trend measures the size of the male labor force in Estonia aged 15 to 24 years on an infra-annual basis. Understanding youth employment dynamics is crucial for policymakers addressing labor market challenges.
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 Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for Estonia trend provides timely data on the male youth labor force in Estonia. This metric is used by economists and policymakers to analyze labor market participation, employment, and demographic shifts.
Methodology
The data is collected through household surveys conducted by the Estonian statistical agency.
Historical Context
This trend informs policy decisions related to youth employment, education, and economic development.
Key Facts
- Estonia's male youth labor force is over 100,000.
- The male youth labor force participation rate is around 50%.
- Youth unemployment is a persistent challenge in Estonia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the size of the male labor force in Estonia aged 15 to 24 years on an infra-annual basis.
Q: Why is this trend relevant for users or analysts?
A: Understanding youth employment dynamics is crucial for policymakers addressing labor market challenges and supporting economic development.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Estonian statistical agency.
Q: How is this trend used in economic policy?
A: This trend informs policy decisions related to youth employment, education, and overall economic development in Estonia.
Q: Are there update delays or limitations?
A: The data is provided on an infra-annual basis, offering timely insights but potentially subject to revisions.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for Estonia (LFAC24MAEEQ647N), retrieved from FRED.