Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Estonia
LFAC74MAEEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
374,342.80
Year-over-Year Change
3.27%
Date Range
1/1/2000 - 1/1/2025
Summary
This economic indicator tracks the size of the male labor force in Estonia aged 15 to 74 years. It provides important insights into the Estonian labor market and workforce dynamics.
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 74 Years for Estonia measures the total number of employed and unemployed men aged 15 to 74 in the Estonian labor force. This metric is a key input for analysts and policymakers to assess labor market trends and employment conditions.
Methodology
This data is collected through household surveys conducted by the Estonian statistical agency.
Historical Context
Policymakers use this indicator to inform workforce development, labor market, and economic policies.
Key Facts
- Estonia's male labor force totaled 366,000 in 2021.
- The male labor force participation rate was 74.2% in 2021.
- Employment in the 15-74 age group accounted for 94.7% of the male labor force in 2021.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the size and composition of the male labor force in Estonia aged 15 to 74 years, including both employed and unemployed individuals.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the Estonian labor market and workforce dynamics, which is crucial information for policymakers, economists, and labor market analysts.
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: Policymakers use this indicator to inform workforce development, labor market, and economic policies in Estonia.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the indicator may not capture all aspects of the Estonian labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Estonia (LFAC74MAEEQ647S), retrieved from FRED.