Infra-Annual Labor Statistics: Employment Rate Male: From 25 to 54 Years for Ireland
LREM25MAIEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88.95
Year-over-Year Change
19.28%
Date Range
1/1/2000 - 1/1/2024
Summary
The employment rate for males aged 25 to 54 in Ireland measures the percentage of this demographic who are employed. This statistic is a key indicator of labor market health and workforce participation.
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 employment rate for males aged 25 to 54 in Ireland provides insights into the labor force participation and economic activity of this prime working-age population. It is a widely-tracked metric used by economists and policymakers to assess employment trends and the overall strength of the Irish economy.
Methodology
This data is collected through household surveys conducted by the Irish Central Statistics Office.
Historical Context
The employment rate for prime-age males is an important barometer for Ireland's macroeconomic performance and labor market conditions.
Key Facts
- Ireland's male 25-54 employment rate averaged 87.4% in 2022.
- The rate fell sharply during the 2008-2009 recession but has since recovered.
- Male employment is a key driver of Ireland's economic growth and productivity.
FAQs
Q: What does this economic trend measure?
A: This metric measures the percentage of males aged 25 to 54 in Ireland who are employed. It is a key indicator of labor force participation and workforce engagement for this prime working-age demographic.
Q: Why is this trend relevant for users or analysts?
A: The employment rate for prime-age males is a crucial barometer of Ireland's macroeconomic health and labor market conditions. It provides insights into workforce participation, productivity, and overall economic activity.
Q: How is this data collected or calculated?
A: This data is collected through household surveys conducted by the Irish Central Statistics Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the male 25-54 employment rate to assess the strength of the Irish labor market and make informed decisions about fiscal, monetary, and employment policies.
Q: Are there update delays or limitations?
A: This data is published on an intra-annual basis with a relatively short lag, providing timely insights into labor market trends in Ireland.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 25 to 54 Years for Ireland (LREM25MAIEA156S), retrieved from FRED.