Active Population: Aged 15-74: Males for the European Union
LFAC74MAEUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133,084,550.00
Year-over-Year Change
2.07%
Date Range
1/1/2005 - 1/1/2019
Summary
The 'Active Population: Aged 15-74: Males for the European Union' measures the number of economically active men aged 15-74 in the EU. This key labor force statistic is important for analyzing employment, economic growth, and policy impacts.
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 trend represents the size of the male working-age population participating in the labor force across the European Union. It provides insights into the potential labor supply and is a foundational indicator for assessing economic conditions and workforce dynamics.
Methodology
The data is collected through labor force surveys conducted by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers and economists use this metric to gauge labor market health and inform decisions around employment, productivity, and economic development.
Key Facts
- The EU's male working-age population was over 141 million in 2022.
- Labor force participation rates vary significantly across EU member states.
- This metric is a key input for analyzing economic growth and productivity trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the size of the male population aged 15-74 who are economically active, either employed or actively seeking work, across the European Union.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into the potential labor supply and is a foundational indicator for assessing the health of the EU labor market and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to gauge labor market health and inform decisions around employment, productivity, and economic development policies.
Q: Are there update delays or limitations?
A: The data is typically updated on a quarterly basis, with some potential delays in publication. Limitations include variations in survey methodologies across EU member states.
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Citation
U.S. Federal Reserve, Active Population: Aged 15-74: Males for the European Union (LFAC74MAEUA647N), retrieved from FRED.