Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for OECD
OECDLFHUADMASTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,159,629.80
Year-over-Year Change
0.85%
Date Range
1/1/2007 - 11/1/2023
Summary
This economic trend measures the harmonized unemployment rate for males aged 25 and over in OECD countries. It is a key indicator of labor market conditions and economic performance.
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 Harmonized Unemployment Rate is a standardized measure of unemployment developed by the OECD to enable cross-country comparisons. This specific series focuses on male workers aged 25 and above, providing insights into a core segment of the labor force.
Methodology
The data is collected through national labor force surveys and harmonized to ensure consistency across OECD member states.
Historical Context
Policymakers and economists use this indicator to assess labor market health and inform employment policies.
Key Facts
- OECD harmonizes unemployment data to enable cross-country comparisons.
- The male 25+ cohort represents a significant portion of the labor force.
- Unemployment trends influence economic policy and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the harmonized unemployment rate for males aged 25 and over in OECD countries. It provides a standardized indicator of labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of economic performance and labor market health, helping policymakers and economists assess employment conditions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and harmonized by the OECD to ensure consistency across member states.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to inform employment policies and assess the overall state of the labor market.
Q: Are there update delays or limitations?
A: The data is subject to the release schedules and methodological practices of the OECD and its member countries.
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for OECD (OECDLFHUADMASTSAM), retrieved from FRED.