Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Estonia

LREM55MAEEQ156N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

67.60

Year-over-Year Change

-6.37%

Date Range

1/1/2000 - 1/1/2025

Summary

The Employment Rate Male: From 55 to 64 Years for Estonia measures the percentage of men aged 55 to 64 who are employed. This metric provides insights into labor force participation and economic activity among 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 series represents the employment rate for Estonian men between the ages of 55 and 64. It is a key indicator of labor market trends and can inform policy decisions around retirement, training, and workforce development.

Methodology

The data is collected through household and labor force surveys conducted by Eurostat.

Historical Context

Policymakers and economists use this metric to evaluate labor market dynamics and the economic integration of older workers.

Key Facts

  • The employment rate for Estonian men aged 55-64 was 68.4% in 2021.
  • Estonia's employment rate for older men is higher than the EU average.
  • Participation of older workers is a key policy focus for Estonia's aging population.

FAQs

Q: What does this economic trend measure?

A: This trend measures the employment rate for Estonian men aged 55 to 64, providing insights into labor force participation among older workers.

Q: Why is this trend relevant for users or analysts?

A: This metric is relevant for understanding labor market dynamics and informing policy decisions around retirement, training, and workforce development for older workers.

Q: How is this data collected or calculated?

A: The data is collected through household and labor force surveys conducted by Eurostat.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to evaluate labor market trends and the economic integration of older workers, which is a key policy focus for Estonia's aging population.

Q: Are there update delays or limitations?

A: The data is published on an infra-annual basis by Eurostat, with potential for delays or limitations in data availability.

Related Trends

Citation

U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Estonia (LREM55MAEEQ156N), retrieved from FRED.