Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Ireland

LFEM24MAIEA647N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

169,350.00

Year-over-Year Change

81.61%

Date Range

1/1/2000 - 1/1/2024

Summary

This economic trend measures employment levels among males aged 15 to 24 in Ireland. Understanding youth employment is crucial for policymakers seeking to promote labor market participation and economic growth.

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 Male: From 15 to 24 Years for Ireland series tracks monthly employment figures for young men in the Irish labor force. This data provides insight into patterns of youth employment, which can inform workforce development initiatives and economic policy.

Methodology

This data is collected through household surveys conducted by the Irish Central Statistics Office.

Historical Context

Trends in youth employment are closely monitored by economists and policymakers to assess the health of the labor market and broader economy.

Key Facts

  • Ireland's youth employment rate was 56.2% in 2021.
  • Employment among young Irish men declined during the COVID-19 pandemic.
  • Youth unemployment is a key policy priority for the Irish government.

FAQs

Q: What does this economic trend measure?

A: This trend measures monthly employment levels among males aged 15 to 24 in Ireland. It provides insight into patterns of youth labor force participation.

Q: Why is this trend relevant for users or analysts?

A: Trends in youth employment are crucial indicators of labor market health and can inform policy decisions aimed at promoting economic growth and development.

Q: How is this data collected or calculated?

A: The data is collected through household surveys conducted by the Irish Central Statistics Office.

Q: How is this trend used in economic policy?

A: Policymakers closely monitor youth employment to assess labor market conditions and develop initiatives to support workforce participation, especially among young people.

Q: Are there update delays or limitations?

A: The data is released on a monthly basis, with a typical 1-2 month delay between the reference period and publication.

Related Trends

Citation

U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Ireland (LFEM24MAIEA647N), retrieved from FRED.