Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Ireland
LFEM55MAIEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
229,900.00
Year-over-Year Change
77.19%
Date Range
1/1/2000 - 1/1/2024
Summary
This trend measures the employment level of males aged 55 to 64 years in Ireland. It provides insights into labor force participation and economic activity among older workers.
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 55 to 64 Years for Ireland is a key economic indicator that tracks the employment status of men in the 55 to 64 age group within the Irish labor market. This data is used by economists and policymakers to analyze workforce dynamics and labor force participation trends among older workers.
Methodology
The data is collected through national labor force surveys conducted by the Irish Central Statistics Office.
Historical Context
This trend informs discussions around policies related to workforce participation, retirement, and economic activity among older populations.
Key Facts
- Ireland's male employment rate for ages 55-64 was 66.3% in 2021.
- The trend has shown gradual improvement since the 2008 financial crisis.
- Older workers play a vital role in the Irish economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment level of males aged 55 to 64 years in Ireland. It provides insights into labor force participation and economic activity among older workers.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding workforce dynamics and labor force participation trends among older workers in Ireland, which informs policy discussions around retirement, employment, and economic activity.
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 trend informs discussions around policies related to workforce participation, retirement, and economic activity among older populations in Ireland.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, but there may be some delays in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Ireland (LFEM55MAIEA647N), retrieved from FRED.