Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Ireland

LREM64TTIEQ156S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

74.81

Year-over-Year Change

2.39%

Date Range

4/1/1999 - 1/1/2025

Summary

The Employment Rate Total: From 15 to 64 Years for Ireland measures the percentage of the working-age population in Ireland that is employed. This metric provides insight into the health and utilization of Ireland's labor force.

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 is a key indicator of economic activity and labor market performance. It represents the proportion of the working-age population that is employed, offering policymakers and analysts a comprehensive view of the Irish economy's employment situation.

Methodology

This data is collected through household surveys conducted by the Irish Central Statistics Office.

Historical Context

The employment rate is closely watched by the Irish government, the European Union, and global investors to gauge the strength of the Irish labor market and broader economic conditions.

Key Facts

  • Ireland's employment rate was 73.3% in Q4 2022.
  • The employment rate has increased by 4.5 percentage points since 2015.
  • Ireland's employment rate is above the OECD average.

FAQs

Q: What does this economic trend measure?

A: The Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Ireland measures the percentage of the working-age population in Ireland that is employed.

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

A: The employment rate is a key indicator of economic activity and labor market performance, providing insight into the health and utilization of Ireland's labor force.

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: The employment rate is closely watched by the Irish government, the European Union, and global investors to gauge the strength of the Irish labor market and broader economic conditions.

Q: Are there update delays or limitations?

A: This data is released on a quarterly basis with a slight delay to allow for data collection and processing.

Related Trends

Citation

U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Ireland (LREM64TTIEQ156S), retrieved from FRED.