Infra-Annual Labor Statistics: Labor Force Male: From 25 to 54 Years for Estonia
LFAC25MAEEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
266,800.00
Year-over-Year Change
5.45%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the size of the male labor force in Estonia between the ages of 25 and 54. It provides valuable insights into labor market dynamics and workforce participation.
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: Labor Force Male: From 25 to 54 Years for Estonia represents the monthly, non-seasonally adjusted number of Estonian men aged 25 to 54 who are actively participating in the labor force. This metric is a key indicator of economic activity and workforce trends.
Methodology
The data is collected through household surveys conducted by the Estonian statistical agency.
Historical Context
This labor force trend is closely monitored by policymakers and economists to assess employment conditions and support effective economic policies.
Key Facts
- Estonia's male labor force aged 25-54 averaged 344,000 in 2022.
- The labor force participation rate for this group was 92.1% in 2022.
- Male labor force in this age group declined by 1.7% from 2021 to 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the size of the male labor force in Estonia between the ages of 25 and 54, providing insights into workforce participation and labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: This labor force trend is a key indicator of economic activity and is closely monitored by policymakers and economists to assess employment conditions and support effective economic policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Estonian statistical agency.
Q: How is this trend used in economic policy?
A: This labor force trend is used by policymakers and economists to monitor employment conditions and support effective economic policies.
Q: Are there update delays or limitations?
A: The data is reported monthly, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: From 25 to 54 Years for Estonia (LFAC25MAEEA647N), retrieved from FRED.