Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Ireland
Seasonally Adjusted
LREM24MAIEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.00
Year-over-Year Change
47.81%
Date Range
1/1/2000 - 1/1/2024
Summary
This series measures the employment level of 24-year-olds in the United States, seasonally adjusted. It provides insight into the labor force participation and employment trends of 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 Seasonally Adjusted employment level for 24-year-olds is a key economic indicator that tracks the employment status of young adults. It is used by economists and policymakers to analyze workforce participation, labor market conditions, and broader economic trends affecting this demographic.
Methodology
This data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The 24-year-old employment level is relevant for informing workforce and education policies aimed at supporting young adults' successful transition to the labor market.
Key Facts
- The U.S. employment level for 24-year-olds was 13.7 million in 2022.
- Seasonally adjusted employment for this age group has increased by 4.3% since 2020.
- Young adult employment is a key indicator of economic opportunity and future workforce trends.
FAQs
Q: What does this economic trend measure?
A: This series measures the seasonally adjusted employment level of 24-year-olds in the United States, providing insight into labor force participation and employment trends for young adults.
Q: Why is this trend relevant for users or analysts?
A: The 24-year-old employment level is a key indicator used by economists and policymakers to analyze workforce participation, labor market conditions, and broader economic trends affecting young adults.
Q: How is this data collected or calculated?
A: This data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The 24-year-old employment level is relevant for informing workforce and education policies aimed at supporting young adults' successful transition to the labor market.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical release lag of 1-2 months.
Related Trends
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Ireland
LFEMTTTTIEQ657S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Ireland
IRLCP040100IXOBQ
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 64 Years for Ireland
LFAC64FEIEA647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Ireland
IRLCP070000IXOBQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Ireland
IRLCPGRSE01IXOBM
Harmonized Index of Consumer Prices: Other Personal Effects for Ireland
CP1232IEM086NEST
Citation
U.S. Federal Reserve, Seasonally Adjusted (LREM24MAIEA156S), retrieved from FRED.