Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Germany
Annual, Not Seasonally Adjusted
LFEAMNTTDEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,767,000.00
Year-over-Year Change
0.95%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment-to-population ratio for the Euro area. It is a key indicator of labor market health and economic conditions.
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 employment-to-population ratio tracks the percentage of the working-age population that is employed. This metric provides insight into the strength and participation of the labor force, which is crucial for economists and policymakers analyzing economic growth and stability.
Methodology
The data is collected through surveys of households and businesses by Eurostat, the statistical office of the European Union.
Historical Context
The employment-to-population ratio is widely used by central banks, governments, and analysts to inform economic and labor market policies.
Key Facts
- The annual, not seasonally adjusted employment-to-population ratio for the Euro area was 57.4% in 2021.
- This metric reached a high of 58.5% in 2008 before declining during the global financial crisis.
- The ratio has gradually recovered since the 2008-2009 recession but remains below pre-crisis levels.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted employment-to-population ratio for the Euro area, which represents the percentage of the working-age population that is employed.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a crucial indicator of labor market health and economic conditions, providing insight into the strength and participation of the labor force, which is essential for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The employment-to-population ratio is widely used by central banks, governments, and analysts to inform economic and labor market policies, as it reflects the overall state of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment-to-population ratio for the Euro area is typically published with a delay of several months, and may be subject to revisions as additional data becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEAMNTTDEA647N), retrieved from FRED.