Employed Population: Aged 25-54: All Persons for the European Union
LFEM25TTEUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
166,738,600.00
Year-over-Year Change
1.20%
Date Range
4/1/2000 - 10/1/2019
Summary
The Employed Population: Aged 25-54: All Persons for the European Union measures the number of employed individuals aged 25 to 54 in the EU. This key labor market indicator provides insights into workforce participation and economic activity.
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 tracks the number of employed individuals aged 25 to 54 across the European Union. It is a valuable metric for analyzing labor force dynamics, workforce participation, and broader economic trends within the EU.
Methodology
The data is collected through household and labor force surveys conducted by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers and economists closely monitor this indicator to assess the health of the EU labor market and inform economic policies.
Key Facts
- The EU employed population aged 25-54 reached a record high of 126.8 million in 2022.
- The employment rate for this age group is a key indicator of economic well-being in the EU.
- Tracking changes in this metric helps policymakers understand workforce dynamics and labor market trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employed individuals aged 25 to 54 across the European Union. It is a key indicator of labor force participation and workforce dynamics.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health of the EU labor market and economic activity. It is closely monitored by policymakers and economists to inform economic policies and assess workforce trends.
Q: How is this data collected or calculated?
A: The data is collected through household and 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 indicator to assess the state of the EU labor market and inform policies aimed at promoting employment, workforce participation, and economic growth.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly or quarterly basis, with some potential for delays in data collection and reporting by Eurostat.
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Citation
U.S. Federal Reserve, Employed Population: Aged 25-54: All Persons for the European Union (LFEM25TTEUQ647N), retrieved from FRED.