Infra-Annual Labor Statistics: Unemployment Rate Male: From 55 to 64 Years for Ireland
Annual, Seasonally Adjusted
LRUN55MAIEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.13
Year-over-Year Change
-75.81%
Date Range
1/1/2000 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' economic trend measures the labor force participation rate for major Asian ethnic groups in the United States. This metric is important for analyzing workforce trends and informing policymakers on labor market dynamics.
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 labor force participation rate tracks the proportion of the civilian non-institutional population that is either employed or actively seeking work. This metric provides insights into workforce engagement and is a key indicator used by economists and policymakers.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey.
Historical Context
The labor force participation rate informs workforce and employment policies at the national level.
Key Facts
- The labor force participation rate for major Asian ethnic groups in the U.S. was 65.3% in 2021.
- The participation rate for Asian Americans is higher than the national average.
- Workforce engagement varies across different Asian ethnic communities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for major Asian ethnic groups in the United States. It tracks the proportion of the civilian non-institutional population that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate for Asian Americans provides important insights into workforce engagement and labor market dynamics, which is valuable information for policymakers, economists, and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate for Asian Americans informs workforce and employment policies at the national level, helping policymakers understand labor market trends and dynamics.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, with some delay in publication. There may be limitations in capturing the diversity within the broader Asian American community.
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IRLB6FATC01CXCUQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 64 Years for Ireland
LFIN64TTIEQ647S
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Ireland
LFEMTTTTIEQ657S
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00XTOBIEM086NEST
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CSINFT02IEM460S
Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for Ireland
CRDQIEAPUBIS
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN55MAIEA156S), retrieved from FRED.