Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Israel
LREM64TTILM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.40
Year-over-Year Change
-0.43%
Date Range
1/1/2012 - 6/1/2025
Summary
This economic trend measures the employment rate for individuals aged 15 to 64 in Israel. It is a key indicator of labor market conditions and economic activity.
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 rate represents the percentage of the working-age population that is employed. This metric is widely used by economists and policymakers to assess the health of the labor market and inform economic policy decisions.
Methodology
The data is collected through household surveys conducted by the Israeli Central Bureau of Statistics.
Historical Context
Trends in the employment rate provide insight into the overall strength of the Israeli economy.
Key Facts
- The employment rate in Israel averaged 67.4% from 2000 to 2022.
- The employment rate reached a high of 70.2% in 2019 before declining due to the COVID-19 pandemic.
- Israel's employment rate is closely monitored by the Bank of Israel and other policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the working-age population in Israel that is employed, providing insight into the strength of the labor market.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a crucial indicator of economic activity and is closely followed by economists, policymakers, and investors to assess the overall health of the Israeli economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Israeli Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Trends in the employment rate provide important insights for the Bank of Israel and other policymakers, informing decisions on monetary and fiscal policies aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The employment rate data is typically published on a monthly or quarterly basis, with some potential for minor delays in data releases.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Israel (LREM64TTILM156N), retrieved from FRED.