Working Age Population: Aged 15 and Over: All Persons for the European Union
Quarterly, Not Seasonally Adjusted
LFWATTTTEUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
427,561,800.00
Year-over-Year Change
0.58%
Date Range
4/1/2000 - 10/1/2019
Summary
This trend measures the quarterly, not seasonally adjusted employment rate in the European Union. It provides insight into the overall labor market and is closely watched by economists and policymakers.
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, Not Seasonally Adjusted' employment rate for the European Union represents the proportion of the working-age population that is employed during a given quarter, without adjusting for seasonal factors. This unadjusted data offers a raw view of labor market conditions.
Methodology
The data is collected through national labor force surveys and compiled by Eurostat.
Historical Context
The employment rate is a key indicator used to assess the health of the European economy and inform policy decisions.
Key Facts
- The EU employment rate averaged 67.7% in 2021.
- Employment rates vary significantly across EU member states.
- The COVID-19 pandemic caused a sharp decline in the EU employment rate in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, non-seasonally adjusted employment rate in the European Union, representing the proportion of the working-age population that is employed.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a key indicator of labor market conditions and overall economic health, providing insight into the strength of the European economy.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The employment rate is closely monitored by policymakers, economists, and market analysts to assess the state of the European economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The employment rate data is typically released quarterly, with a lag of several months. There may also be differences in data collection and reporting across EU member states.
Related Trends
Active Population: Aged 25-54: Females for the European Union
LFAC25FEEUA647S
Active Population: Aged 15-64: Females for the European Union
LFAC64FEEUQ647S
Harmonized Index of Consumer Prices: Oils and Fats for European Union (27 Countries from 2020)
CP0115EU272020M086NEST
Harmonized Index of Consumer Prices: Education for Euro Area (19 Countries)
CP1000EZ19M086NEST
Harmonized Index of Consumer Prices: All Items Excluding Mainly Administered Prices for European Union (28 Countries)
00XAP0EU28M086NEST
Import Price Index by Origin (NAICS): Fabricated Metal Product Manufacturing for European Union
COEECZ332
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFWATTTTEUQ647N), retrieved from FRED.