Active Population: Aged 15-24: Females for the European Union
Quarterly, Not Seasonally Adjusted
LFAC24FEEUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,170,400.00
Year-over-Year Change
-1.38%
Date Range
4/1/2000 - 10/1/2019
Summary
This economic trend measures the labor force participation rate for the European Union, excluding the United Kingdom, on a quarterly, not seasonally adjusted basis. It provides insights into labor market dynamics and workforce engagement in the EU economy.
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 Quarterly, Not Seasonally Adjusted labor force participation rate for the European Union (excluding the UK) is an important indicator of the size and composition of the working-age population actively engaged in the labor market. It is used by economists and policymakers to analyze employment trends and assess the labor supply.
Methodology
The data is collected through household surveys and compiled by Eurostat, the statistical office of the European Union.
Historical Context
This trend is relevant for understanding the state of the EU labor market and informing economic and workforce development policies.
Key Facts
- The labor force participation rate measures the active labor supply as a percentage of the working-age population.
- Quarterly data provides a more granular view of labor market changes compared to annual figures.
- The EU labor force participation rate excludes the United Kingdom following Brexit.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for the European Union, excluding the United Kingdom, on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The EU labor force participation rate is an important indicator of labor market dynamics and workforce engagement, which is relevant for economists and policymakers analyzing employment trends and labor supply.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers to understand the state of the EU labor market and inform economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, so there may be a short delay in availability compared to more frequently updated labor market indicators.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC24FEEUQ647N), retrieved from FRED.