Harmonized Unemployment: Aged 25 and Over: Females for the European Union
LFHUADFEEUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,966,000.00
Year-over-Year Change
-6.62%
Date Range
1/1/1998 - 1/1/2020
Summary
The Harmonized Unemployment rate for Females aged 25 and over in the European Union is a key economic indicator that tracks joblessness in this demographic. This metric provides important insights into the overall health and dynamics of the EU labor market.
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 Harmonized Unemployment rate for Females aged 25 and over in the European Union is a standardized measure of unemployment that allows for cross-country comparisons within the EU. It represents the percentage of the female labor force in this age group that is without work but actively seeking employment.
Methodology
This data is collected through labor force surveys conducted by Eurostat, the statistical office of the European Union.
Historical Context
The harmonized unemployment rate is closely monitored by policymakers, economists, and market analysts to assess the strength of the European economy and inform decisions on fiscal and monetary policy.
Key Facts
- The Harmonized Unemployment rate for Females aged 25 and over in the EU was 7.1% as of the latest data.
- This metric has decreased from a high of 10.3% during the European debt crisis.
- Germany has the lowest female unemployment rate in the EU at 3.2%.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Unemployment rate for Females aged 25 and over in the European Union measures the percentage of the female labor force in this age group that is jobless but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall health and dynamics of the EU labor market, which is a key factor in assessing the strength of the European economy.
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: The harmonized unemployment rate is closely monitored by policymakers, economists, and market analysts to inform decisions on fiscal and monetary policy within the European Union.
Q: Are there update delays or limitations?
A: The latest data is typically published on a monthly basis, with a short delay. There may be some limitations in cross-country comparisons due to differences in survey methodologies.
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Aged 25 and Over: Females for the European Union (LFHUADFEEUM647S), retrieved from FRED.