Infra-Annual Labor Statistics: Employment Rate Male: From 25 to 54 Years for Canada
LREM25MACAA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.90
Year-over-Year Change
1.97%
Date Range
1/1/1976 - 1/1/2024
Summary
The Employment Rate Male: From 25 to 54 Years for Canada measures the proportion of Canadian men aged 25 to 54 who are employed. This statistic is a key indicator of labor market health and economic productivity.
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 employment rate for working-age Canadian men, a critical demographic for the country's economic performance. Analyzing trends in this metric can provide insights into labor force participation, job opportunities, and broader economic conditions.
Methodology
The data is collected through household surveys conducted by Statistics Canada.
Historical Context
Policymakers and economists closely monitor this statistic to assess the state of the Canadian labor market and inform economic policies.
Key Facts
- Canada's employment rate for men aged 25-54 was 89.4% as of the latest data.
- This demographic represents a significant portion of the Canadian labor force.
- Employment levels for this group are closely watched as an indicator of economic health.
FAQs
Q: What does this economic trend measure?
A: This statistic measures the proportion of Canadian men aged 25 to 54 who are currently employed.
Q: Why is this trend relevant for users or analysts?
A: The employment rate for working-age Canadian men is a key indicator of labor market health and economic productivity, providing insights into labor force participation and job opportunities.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Canada.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this statistic to assess the state of the Canadian labor market and inform economic policies.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual basis, so there may be some delays in the most recent figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 25 to 54 Years for Canada (LREM25MACAA156S), retrieved from FRED.