Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Ireland
LFAC25TTIEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,957,775.00
Year-over-Year Change
20.11%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the total labor force in Ireland for individuals aged 25 to 54. It provides important insights into the working-age population and workforce participation.
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 Total: From 25 to 54 Years for Ireland tracks the size of the labor force for working-age adults in Ireland. This metric is widely used by economists and policymakers to analyze labor market dynamics and workforce trends.
Methodology
The data is collected through national labor force surveys conducted by the Irish government.
Historical Context
This labor force statistic informs economic and employment policy decisions in Ireland.
Key Facts
- The labor force for 25-54 year-olds in Ireland is over 1.5 million people.
- Ireland's working-age labor force participation rate is among the highest in Europe.
- This statistic excludes individuals under 25 and over 54 from the labor force count.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total size of the labor force in Ireland for individuals aged 25 to 54 years old.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into the working-age population and labor market dynamics in Ireland, informing economic and employment policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Irish government.
Q: How is this trend used in economic policy?
A: This labor force statistic is widely used by economists and policymakers to analyze workforce trends and inform economic and employment policy decisions in Ireland.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and potential limitations of the Irish labor force surveys.
Related Trends
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Ireland
IRLPROINDAISMEI
Population, Total for Ireland
POPTOTIEA647NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Ireland
IRLCPHP0200GYM
Constant GDP per capita for Ireland
NYGDPPCAPKDIRL
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Goods for Ireland
IRLCPGRGO01GYQ
Consumer Price Index: Harmonized Prices: All Items: Total for Ireland
IRLCPHPTT01IXEBM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Ireland (LFAC25TTIEA647N), retrieved from FRED.