Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Ireland
Quarterly, Not Seasonally Adjusted
LFHU24MAIEQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25,333.33
Year-over-Year Change
10.14%
Date Range
1/1/1983 - 4/1/2025
Summary
This series measures the employment-to-population ratio for 24-year-olds in the United States. It provides insight into labor force participation and labor market conditions for young adults.
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 employment-to-population ratio is the proportion of the civilian noninstitutional population aged 24 that is employed. This metric is used by economists to analyze trends in labor force participation and labor market health.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this trend to understand the employment experiences of young adults and inform employment and education policies.
Key Facts
- The employment-to-population ratio for 24-year-olds was 78.7% in 2022.
- Young adults aged 24 have lower employment rates than prime-working age adults.
- Labor force participation for 24-year-olds has declined since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This series measures the proportion of the civilian noninstitutional population aged 24 that is employed in the United States.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio for young adults provides insights into labor force participation and labor market conditions, which are important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to understand the employment experiences of young adults and inform employment and education policies.
Q: Are there update delays or limitations?
A: The data is released quarterly and may be subject to revisions as more information becomes available.
Related Trends
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Consumer Price Index: Housing for Ireland
IRLCPIHOUMINMEI
Gross National Income for Ireland
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Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Ireland
BSCICP03IEM665S
Producer Prices Index: Total Consumer Goods for Ireland
PITGCG01IEQ661N
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Ireland
LRHUADMAIEM156S
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHU24MAIEQ647N), retrieved from FRED.