Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Ireland
LRUN74MAIEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.28
Year-over-Year Change
-75.89%
Date Range
1/1/1983 - 1/1/2024
Summary
The Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Ireland measures the percentage of working-age men in Ireland who are unemployed. This key labor market indicator is closely watched by policymakers and economists to assess economic conditions.
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 data series tracks the unemployment rate specifically for Irish men aged 15-74, providing a more granular view of the labor market compared to overall unemployment statistics. It is used to analyze trends in male labor force participation and identify potential gender disparities in employment.
Methodology
The data is collected through household surveys conducted by the Irish Central Statistics Office.
Historical Context
Policymakers and analysts monitor this metric to inform decisions on employment, training, and economic stimulus programs.
Key Facts
- Ireland's male unemployment rate averaged 8.4% in 2021.
- The rate for men is typically higher than the overall unemployment rate in Ireland.
- Male unemployment spiked during the 2008-2009 financial crisis.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the unemployment rate specifically for Irish men aged 15-74, providing insight into gender dynamics in the labor market.
Q: Why is this trend relevant for users or analysts?
A: Monitoring male unemployment is important for policymakers and economists to assess labor force participation and identify potential gender disparities in employment.
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: Policymakers and analysts monitor this metric to inform decisions on employment, training, and economic stimulus programs.
Q: Are there update delays or limitations?
A: There may be delays in data reporting or limitations in survey coverage that users should be aware of when interpreting the trends.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Ireland (LRUN74MAIEA156S), retrieved from FRED.