Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Ireland
LFEASETTIEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,160,114.00
Year-over-Year Change
10.04%
Date Range
4/1/1998 - 10/1/2024
Summary
This economic trend measures employment in the services sector of the Irish economy, providing insights into the labor market and overall economic activity.
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: Employment: Economic Activity: Services: Total for Ireland tracks the number of individuals employed in the services industry in Ireland. This metric is a key indicator of the health and performance of the Irish economy, as the services sector is a major driver of economic growth and employment.
Methodology
The data is collected through labor force surveys conducted by the Irish government.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the strength of the Irish economy and inform economic policy decisions.
Key Facts
- Ireland's services sector accounts for over two-thirds of its GDP.
- Employment in the services industry has grown steadily in Ireland in recent years.
- The services sector is a key driver of job creation in the Irish economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the services sector of the Irish economy, providing insights into the labor market and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of the health and performance of the Irish economy, as the services sector is a major driver of economic growth and employment.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by the Irish government.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and market analysts to assess the strength of the Irish economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to the nature of labor force surveys.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Ireland (LFEASETTIEQ647S), retrieved from FRED.