Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 25 to 54 Years for OECD
OECDLFIN25MASTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23,493,130.00
Year-over-Year Change
-0.72%
Date Range
7/1/2010 - 1/1/2025
Summary
This trend measures the number of men aged 25 to 54 who are outside the labor force in OECD countries. It provides insights into workforce participation and labor market dynamics.
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: Persons Outside the Labor Force Male: From 25 to 54 Years for OECD indicator tracks the population of working-age men who are not currently employed or actively seeking work. This metric is used by economists and policymakers to analyze labor force trends and assess the health of the job market.
Methodology
The data is collected through surveys of national labor force statistics in OECD member countries.
Historical Context
This indicator is relevant for understanding labor market participation and informing economic and social policies.
Key Facts
- OECD countries had over 24 million men aged 25-54 outside the labor force in 2022.
- The US had the 5th highest rate of 25-54 year old men outside the labor force among OECD nations.
- Labor force participation for prime-age men has declined in many developed economies since the 1990s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of men aged 25 to 54 who are outside the labor force in OECD countries. It provides insights into workforce participation and labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: This indicator is used by economists and policymakers to analyze labor force trends and assess the health of the job market, which is important for understanding economic and social policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of national labor force statistics in OECD member countries.
Q: How is this trend used in economic policy?
A: This indicator is relevant for understanding labor market participation and informing economic and social policies.
Q: Are there update delays or limitations?
A: The data is provided on an infra-annual basis, so there may be some update delays depending on the publication schedule of the OECD.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 25 to 54 Years for OECD (OECDLFIN25MASTSAQ), retrieved from FRED.