Working Age Population: Aged 15-64: Males for the European Union
Quarterly, Seasonally Adjusted
LFWA64MAEUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163,336,022.04
Year-over-Year Change
-0.60%
Date Range
1/1/2005 - 10/1/2019
Summary
This economic trend measures the quarterly, seasonally adjusted labor force participation rate for the euro area. It is a key indicator of the overall health and utilization of the European 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 labor force participation rate represents the percentage of the working-age population that is either employed or actively seeking work. This metric is closely watched by economists and policymakers to assess labor market dynamics and inform economic policies.
Methodology
The data is collected through household surveys and calculated by the European Union's statistical agency, Eurostat.
Historical Context
The labor force participation rate provides important context for interpreting other labor market indicators, such as unemployment levels and job creation.
Key Facts
- The euro area's labor force participation rate reached a record high of 73.9% in Q4 2021.
- Participation rates tend to be higher among men than women in the euro area.
- Labor force participation is influenced by demographic trends, economic conditions, and government policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted labor force participation rate for the euro area, which represents the percentage of the working-age population that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall health and utilization of the European labor market, providing important context for interpreting other labor market metrics.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and calculated by the European Union's statistical agency, Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the labor force participation rate to assess labor market dynamics and inform policies aimed at promoting employment and economic growth.
Q: Are there update delays or limitations?
A: The data is published quarterly by Eurostat, with a typical release lag of around two months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWA64MAEUQ647S), retrieved from FRED.