Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Ireland
LRUN64TTIEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.52
Year-over-Year Change
-9.54%
Date Range
4/1/1999 - 1/1/2025
Summary
The Unemployment Rate Total: From 15 to 64 Years for Ireland measures the percentage of the Irish labor force between 15 and 64 years old who are actively seeking work but unable to find it. This metric is a key indicator of the overall health and stability of the Irish economy.
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 represents the total unemployment rate for the working-age population in Ireland. It is a widely-tracked economic indicator used by policymakers, analysts, and businesses to gauge current labor market conditions and future economic trends.
Methodology
The data is collected through household surveys conducted by the Irish Central Statistics Office.
Historical Context
The unemployment rate informs economic and labor policies aimed at promoting full employment and supporting workers.
Key Facts
- Ireland's unemployment rate peaked at over 16% in 2012.
- The unemployment rate has steadily declined since the global financial crisis.
- Lowering unemployment is a key policy priority for the Irish government.
FAQs
Q: What does this economic trend measure?
A: The Unemployment Rate Total: From 15 to 64 Years for Ireland measures the percentage of the working-age population in Ireland who are actively seeking employment but unable to find it.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the overall health and stability of the Irish economy, providing insights into labor market conditions and informing economic and social policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Irish Central Statistics Office.
Q: How is this trend used in economic policy?
A: The unemployment rate informs policymakers' efforts to promote full employment and support workers, making it a key metric for guiding economic and labor market policies in Ireland.
Q: Are there update delays or limitations?
A: The unemployment rate data is published on a regular basis with minimal delays, providing timely insights into the Irish labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Ireland (LRUN64TTIEQ156S), retrieved from FRED.