Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for Israel
LRAC24MAILA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.56
Year-over-Year Change
-13.53%
Date Range
1/1/1995 - 1/1/2024
Summary
The Labor Force Participation Rate Male: From 15 to 24 Years for Israel measures the percentage of the Israeli male population aged 15 to 24 who are actively employed or seeking work. This key indicator provides insight into the economic activity and employment dynamics of Israeli youth.
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 infra-annual labor statistic represents the share of the Israeli male population aged 15 to 24 who are participating in the labor force, either by being employed or actively looking for work. It is a important metric for understanding workforce trends and economic opportunities for young Israelis.
Methodology
The data is collected through national labor force surveys conducted by the Israeli Central Bureau of Statistics.
Historical Context
Policymakers and economists use this metric to assess the health of the Israeli labor market and identify opportunities to support youth employment.
Key Facts
- Israel's male youth labor force participation rate was 52.4% in 2022.
- The rate has declined from a high of 59.4% in 2012.
- Youth labor force participation is a key indicator of economic opportunity.
FAQs
Q: What does this economic trend measure?
A: This metric represents the percentage of the Israeli male population aged 15 to 24 who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate for young Israeli males is an important indicator of economic opportunity and workforce dynamics in the country.
Q: How is this data collected or calculated?
A: The data is gathered through national labor force surveys conducted by the Israeli Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to assess the health of the Israeli labor market and identify opportunities to support youth employment.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in data reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for Israel (LRAC24MAILA156N), retrieved from FRED.