Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 24 Years for Israel
LFWA24MAILA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
770,825.00
Year-over-Year Change
25.84%
Date Range
1/1/1995 - 1/1/2024
Summary
This economic trend measures the working-age population of males aged 15 to 24 years in Israel. It provides important insights into labor force dynamics and demographic changes.
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 working-age population is a key indicator of the potential labor supply in an economy. Tracking the male 15-24 age group specifically can reveal trends in youth employment, education, and social dynamics that are relevant for policymakers and economists.
Methodology
This data is collected through household surveys and censuses conducted by the Israeli Central Bureau of Statistics.
Historical Context
Policymakers and labor market analysts use this trend to understand changing workforce composition and potential future labor force participation.
Key Facts
- This trend covers males aged 15-24 in Israel's working-age population.
- It provides insights into youth employment and labor force participation.
- The data is collected through household surveys and censuses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the working-age population of males aged 15 to 24 years in Israel. It provides insights into the size and dynamics of this key demographic group within the labor force.
Q: Why is this trend relevant for users or analysts?
A: Tracking the working-age male population aged 15-24 is important for understanding labor force participation, youth employment, and demographic changes that can impact economic and social policies.
Q: How is this data collected or calculated?
A: The data for this trend is collected through household surveys and censuses conducted by the Israeli Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and labor market analysts use this trend to monitor changes in workforce composition and potential future labor force participation, which can inform decisions around education, employment, and social programs.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the time required for household surveys and census collection. The trend may also have limitations in capturing informal or undocumented employment within this age group.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 24 Years for Israel (LFWA24MAILA647N), retrieved from FRED.