Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for OECD
OECDLREM24MASTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.40
Year-over-Year Change
1.95%
Date Range
7/1/2010 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for OECD' measures the percentage of males aged 15 to 24 who are employed in OECD countries. This key labor market indicator is closely watched by economists and policymakers to assess youth employment trends.
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
This series tracks the employment rate for young men in OECD economies, providing insights into labor market dynamics and opportunities for this demographic. It is a valuable metric for evaluating the economic and social well-being of youth populations across developed nations.
Methodology
The data is collected through national labor force surveys and compiled by the OECD.
Historical Context
Policymakers use this trend to inform workforce development initiatives and labor market policies.
Key Facts
- The OECD employment rate for males aged 15-24 averaged 45.2% in 2021.
- Youth employment rates vary significantly across OECD countries, from under 30% to over 60%.
- Male youth employment is a key indicator of economic opportunity and social inclusion.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for males aged 15 to 24 across OECD countries, providing insights into youth labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The youth employment rate is a critical indicator of economic and social well-being, helping policymakers and analysts evaluate labor market dynamics and the efficacy of workforce development programs.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by the OECD.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to inform workforce development initiatives, education policies, and other labor market interventions aimed at improving employment opportunities for young people.
Q: Are there update delays or limitations?
A: The OECD publishes this data on a quarterly basis, with a slight delay due to the time required for national statistical agencies to collect and report the underlying survey information.
Related Trends
International Merchandise Trade Statistics: Exports: Commodities for OECD
OECDXTEXVA01CXMLSAM
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for OECD
OECDLFAC24TTSTSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for OECD
OECDCPGRLE01IXOBQ
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 64 Years for OECD
OECDLFAC64FESTSAQ
Balance of Payments: Portfolio Investment: Assets (or Net Acquisition of Assets) for OECD
OECDB6FAPI02CXCUQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for OECD
OECDCPALTT01GYM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for OECD (OECDLREM24MASTSAQ), retrieved from FRED.