Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 24 Years for OECD
OECDLRIN24MASTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.05
Year-over-Year Change
-1.85%
Date Range
7/1/2010 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 24 Years for OECD measures the percentage of males aged 15 to 24 who are not employed or actively seeking work. This trend provides insights into youth labor market engagement and is a key indicator for policymakers and economists.
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 series represents the inactivity rate for young male adults in OECD countries. It reflects the proportion of this demographic that is neither employed nor actively participating in the labor force, shedding light on employment challenges and labor market trends for youth.
Methodology
The data is collected through national labor force surveys and compiled by the OECD.
Historical Context
Policymakers use this metric to assess labor market conditions and develop targeted policies to promote youth employment.
Key Facts
- The inactivity rate represents those not working or actively seeking work.
- High youth inactivity rates can signal educational, economic, or social challenges.
- Tracking this metric helps policymakers address youth labor market issues.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of males aged 15 to 24 in OECD countries who are not employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into youth labor market engagement and participation, which is crucial for policymakers and economists to assess employment challenges and develop targeted policies.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by the OECD.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to evaluate labor market conditions and implement policies to promote youth employment and labor force participation.
Q: Are there update delays or limitations?
A: The data may have some update delays due to the time required for national labor force surveys and OECD compilation.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Male: From 15 to 24 Years for OECD (OECDLRIN24MASTQ), retrieved from FRED.