Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Estonia
LFEM55MAEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57,400.00
Year-over-Year Change
30.45%
Date Range
1/1/2000 - 1/1/2024
Summary
The 'Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Estonia' series measures the employment levels of Estonian men aged 55 to 64. This metric provides insight into the labor force participation of older male workers, which is a key indicator of economic activity and population trends.
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
This data series tracks the number of employed Estonian men between the ages of 55 and 64. It is an important measure of workforce participation and labor market dynamics for this demographic cohort. Analysts use this information to study trends in older adult employment, retirement patterns, and the economic status of the aging population.
Methodology
The data is collected through household surveys conducted by the Estonian statistical agency.
Historical Context
Policymakers and labor economists monitor this trend to assess employment conditions and support programs for older workers.
Key Facts
- Estonia's male employment rate for ages 55-64 is around 70%.
- Employment of older Estonian men has increased over the past decade.
- Policies aimed at extending working lives have contributed to higher participation.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the employment levels of Estonian men aged 55 to 64 years old. It provides insight into labor force participation for this demographic cohort.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for studying workforce dynamics, retirement patterns, and the economic status of Estonia's aging population.
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 and labor economists monitor this trend to assess employment conditions and support programs for older workers in Estonia.
Q: Are there update delays or limitations?
A: There may be delays in data reporting or seasonal variations that analysts should consider when interpreting this trend.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Estonia (LFEM55MAEEA647S), retrieved from FRED.