Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Israel
LRUN74TTILQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.02
Year-over-Year Change
-12.58%
Date Range
1/1/1995 - 4/1/2025
Summary
This economic trend measures the unemployment rate for individuals aged 15 to 74 in Israel. It provides valuable insights into the country's labor market dynamics and overall economic health.
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 Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Israel trend tracks the percentage of the Israeli workforce between the ages of 15 and 74 who are unemployed. This metric is widely used by economists and policymakers to assess the labor market conditions and inform economic decision-making.
Methodology
The data is collected through household surveys conducted by the Israeli Central Bureau of Statistics.
Historical Context
This trend is closely monitored by the Bank of Israel and other government agencies to evaluate the effectiveness of economic policies and guide future interventions.
Key Facts
- The unemployment rate in Israel averaged 7.4% from 2010 to 2020.
- The highest unemployment rate during this period was 9.4% in 2010.
- The lowest unemployment rate was 3.9% in 2019.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate for individuals aged 15 to 74 in Israel, providing insights into the country's labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of economic performance and is closely monitored by policymakers, economists, and market analysts to assess the overall health of the Israeli economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Israeli Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: The Bank of Israel and other government agencies use this trend to evaluate the effectiveness of economic policies and guide future interventions to address labor market conditions.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, but there may be occasional delays in publication due to the survey process.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Israel (LRUN74TTILQ156S), retrieved from FRED.