Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Estonia
LREM24MAEEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.25
Year-over-Year Change
-2.56%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic indicator tracks the employment rate for Estonian males aged 15 to 24 years. It provides insights into the labor force participation and job market dynamics within this key demographic group.
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: Employment Rate Male: From 15 to 24 Years for Estonia measures the percentage of Estonian males aged 15 to 24 who are employed. This metric is used by economists and policymakers to monitor youth employment trends and assess the overall health of the Estonian labor market.
Methodology
The data is collected through household surveys conducted by the Estonian statistical agency.
Historical Context
This indicator is relevant for understanding consumer demand, workforce participation, and the effectiveness of labor policies.
Key Facts
- Estonia's youth employment rate is currently 50.2%.
- Male employment is higher than female employment in this age group.
- The trend has shown steady improvement over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the employment rate for Estonian males aged 15 to 24 years, providing insights into youth labor force participation.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the health of the Estonian labor market, consumer demand, and the effectiveness of youth employment 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: Policymakers and economists use this indicator to monitor youth employment trends and inform labor market policies and initiatives.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, with a typical update delay of 1-2 months.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Estonia (LREM24MAEEA156N), retrieved from FRED.