Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Estonia
LREM55MAEEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.70
Year-over-Year Change
22.91%
Date Range
1/1/2000 - 1/1/2024
Summary
The Employment Rate Male: From 55 to 64 Years for Estonia is an economic indicator that measures the percentage of men aged 55 to 64 who are employed in Estonia. This trend provides insights into labor force participation and workforce dynamics for older workers.
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 statistic tracks the employment rate for Estonian men between the ages of 55 and 64. It is used by economists and policymakers to analyze labor market conditions, workforce participation, and the employment challenges facing older workers.
Methodology
The data is collected through household and labor force surveys conducted by the Estonian statistical agency.
Historical Context
Monitoring this employment trend helps inform policies related to retirement, workforce participation, and economic activity among older demographics.
Key Facts
- Estonia's employment rate for men aged 55-64 was 72.4% in 2021.
- The employment rate for this age group has increased by 7.5 percentage points over the past decade.
- Estonia has one of the highest employment rates for older workers in the European Union.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Estonia measures the percentage of Estonian men aged 55 to 64 who are employed.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides insights into the labor force participation and workforce dynamics of older workers in Estonia, which is important for understanding economic activity, retirement patterns, and policy considerations.
Q: How is this data collected or calculated?
A: The data is collected through household and labor force surveys conducted by the Estonian statistical agency.
Q: How is this trend used in economic policy?
A: Monitoring this employment trend helps inform policies related to retirement, workforce participation, and economic activity among older demographics in Estonia.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual basis, with potential for delays in publication by the statistical agency.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Estonia (LREM55MAEEA156N), retrieved from FRED.