Employment Rate: Aged 15-24: Males for the European Union
Quarterly, Seasonally Adjusted
LREM24MAEUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.88
Year-over-Year Change
6.17%
Date Range
1/1/2005 - 10/1/2019
Summary
The Quarterly, Seasonally Adjusted economic trend measures the employment rate in the European Union, providing insights into labor market dynamics.
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 quarterly, seasonally adjusted metric tracks the percentage of the working-age population in the European Union that is employed. It is a key indicator used by economists and policymakers to assess the health and resilience of the EU labor market.
Methodology
The data is collected through national labor force surveys and aggregated by Eurostat.
Historical Context
This employment rate trend informs economic policy decisions and business investment strategies.
Key Facts
- The EU employment rate averaged 67.6% in 2021.
- Employment levels declined during the COVID-19 pandemic but have since rebounded.
- Northern European countries tend to have the highest employment rates in the EU.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend tracks the percentage of the working-age population in the European Union that is employed.
Q: Why is this trend relevant for users or analysts?
A: This employment rate metric is a key indicator of labor market health and economic performance in the EU, informing policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and aggregated by Eurostat.
Q: How is this trend used in economic policy?
A: The EU employment rate trend is used by policymakers and economists to assess the strength of the labor market and inform economic policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short lag, providing timely insights into employment dynamics.
Related Trends
Harmonized Index of Consumer Prices: Games, Toys and Hobbies for European Union (28 Countries)
CP0931EU28M086NEST
Harmonized Index of Consumer Prices: Energy for Euro Area (19 Countries)
ENRGY0EZ19M086NEST
Harmonized Index of Consumer Prices: Clothing Materials for Euro Area (19 Countries)
CP0311EZ19M086NEST
Harmonized Index of Consumer Prices: Package Holidays for European Union (28 Countries)
CP0960EU28M086NEST
Inactivity Rate: Aged 15 and Over: Females for the European Union
LRINTTFEEUQ156S
Harmonized Index of Consumer Prices: Liquid Fuels for European Union (28 Countries)
CP0453EU28M086NEST
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LREM24MAEUQ156S), retrieved from FRED.