Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Israel
LFHU24MAILA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,716.67
Year-over-Year Change
-56.07%
Date Range
1/1/1995 - 1/1/2024
Summary
This economic trend measures the monthly unemployment rate for Israeli males aged 15 to 24 years old. Understanding youth unemployment is crucial for policymakers assessing labor market dynamics and the economic well-being of young workers.
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: Monthly Unemployment Male: From 15 to 24 Years for Israel indicator tracks the percentage of Israeli men aged 15-24 who are jobless but actively seeking employment. This metric provides insight into the labor force participation and economic opportunities available to young Israeli workers.
Methodology
The data is collected through household labor force surveys conducted by the Israeli Central Bureau of Statistics.
Historical Context
Analysts and policymakers use this metric to gauge the health of Israel's youth labor market and inform social and economic policies.
Key Facts
- Israel's youth unemployment rate averaged 8.4% from 2010-2020.
- Male youth unemployment is typically higher than the overall rate.
- Joblessness among young Israeli workers can impact economic growth and social stability.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly unemployment rate for Israeli males aged 15 to 24 years old.
Q: Why is this trend relevant for users or analysts?
A: Understanding youth unemployment is crucial for assessing labor market dynamics and the economic well-being of young workers in Israel.
Q: How is this data collected or calculated?
A: The data is collected through household labor force surveys conducted by the Israeli Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to gauge the health of Israel's youth labor market and inform social and economic policies.
Q: Are there update delays or limitations?
A: The data is reported monthly, but there may be delays in publishing the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Israel (LFHU24MAILA647N), retrieved from FRED.