Working Age Population: Aged 15-24: Males for the European Union
Quarterly
LFWA24MAEUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,569,800.00
Year-over-Year Change
-1.58%
Date Range
4/1/2000 - 10/1/2019
Summary
The Quarterly Unemployment Rate measures the percentage of the active labor force in the European Union that is jobless and actively seeking employment. This key economic indicator provides insight into the health and stability of the EU's 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 Quarterly Unemployment Rate, published by the U.S. Federal Reserve, tracks the unemployment rate in the European Union on a quarterly basis. This metric is widely used by economists, policymakers, and analysts to assess economic conditions and guide policy decisions.
Methodology
The data is collected through household and labor force surveys conducted across EU member states.
Historical Context
The unemployment rate is a crucial input for fiscal and monetary policy, as well as market analysis of the European economy.
Key Facts
- The EU's quarterly unemployment rate peaked at 10.6% in 2013.
- Youth unemployment remains significantly higher than the overall rate.
- Unemployment levels vary widely across different EU member states.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Unemployment Rate measures the percentage of the active labor force in the European Union that is jobless and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the health and stability of the EU's labor market, and is widely used by economists, policymakers, and analysts to assess economic conditions and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household and labor force surveys conducted across EU member states.
Q: How is this trend used in economic policy?
A: The unemployment rate is a crucial input for fiscal and monetary policy, as well as market analysis of the European economy.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a slight delay to allow for comprehensive data collection across the EU.
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Citation
U.S. Federal Reserve, Quarterly Unemployment Rate (LFWA24MAEUQ647N), retrieved from FRED.