Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for Ireland
LFEM25MAIEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
973,900.00
Year-over-Year Change
30.86%
Date Range
1/1/2000 - 1/1/2024
Summary
This trend measures the employment rate for males aged 25 to 54 in Ireland. It provides insights into the prime working-age population and labor market 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: Employment Male: From 25 to 54 Years for Ireland tracks the percentage of men in the 25-54 age group who are employed in the Irish labor market. This metric is widely used by economists and policymakers to assess labor force trends and the overall health of the economy.
Methodology
The data is collected through national labor force surveys conducted by the Irish Central Statistics Office.
Historical Context
This trend is a key indicator of economic activity and can inform fiscal and monetary policy decisions.
Key Facts
- Ireland's prime-age male employment rate averaged 87.7% in 2021.
- The employment rate for this group has increased by 4.2 percentage points since 2015.
- Male labor force participation is a critical component of Ireland's economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for males aged 25 to 54 in Ireland. It provides insights into the prime working-age population and labor market participation.
Q: Why is this trend relevant for users or analysts?
A: The prime-age male employment rate is a key indicator of economic health and labor market performance. It informs analysis of workforce dynamics, economic growth, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Irish Central Statistics Office.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to assess labor force trends and the overall health of the Irish economy, which can inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the Irish Central Statistics Office, with potential delays due to survey timelines and processing.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for Ireland (LFEM25MAIEA647N), retrieved from FRED.