Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 24 Years for Canada
LFIN24MACAM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
974,526.70
Year-over-Year Change
2.45%
Date Range
1/1/1995 - 7/1/2025
Summary
This economic trend measures the number of males aged 15 to 24 in Canada who are outside the labor force. It provides insights into youth labor market participation and can inform policy decisions.
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: Persons Outside the Labor Force Male: From 15 to 24 Years for Canada' series tracks the population of young Canadian men who are not actively employed or seeking work. This data is used by economists and policymakers to analyze trends in youth labor force attachment.
Methodology
The data is collected through Statistics Canada's monthly Labor Force Survey.
Historical Context
This metric helps policymakers understand the dynamics of the Canadian youth labor market and inform strategies to promote employment and economic participation.
Key Facts
- This series tracks males aged 15-24 in Canada who are not employed or actively seeking work.
- The data is collected monthly through the Statistics Canada Labor Force Survey.
- Analyzing this metric can help inform policies to promote youth employment and economic engagement.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of males aged 15 to 24 in Canada who are outside the labor force, meaning they are not employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into youth labor market participation in Canada, which is crucial for informing policies and strategies to promote employment and economic engagement among young people.
Q: How is this data collected or calculated?
A: The data is collected through Statistics Canada's monthly Labor Force Survey.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to understand the dynamics of the Canadian youth labor market and develop strategies to support employment and economic participation among young people.
Q: Are there update delays or limitations?
A: The data is published monthly by Statistics Canada, with a typical update delay of several weeks.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 24 Years for Canada (LFIN24MACAM647S), retrieved from FRED.