Employment Rate: Aged 15-64: Males for the European Union
Quarterly, Not Seasonally Adjusted
LREM64MAEUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.70
Year-over-Year Change
3.61%
Date Range
4/1/2000 - 10/1/2019
Summary
This economic trend measures the quarterly labor force participation rate in the European Union, providing important insights into the state of the regional 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 labor force participation rate tracks the percentage of the working-age population that is either employed or actively seeking work. This metric is widely used by economists and policymakers to assess the health and dynamics of the labor market.
Methodology
The data is collected through household surveys conducted by Eurostat.
Historical Context
The labor force participation rate is a key input for evaluating economic performance and informing policy decisions.
Key Facts
- The EU's labor force participation rate was 64.4% in Q1 2023.
- Participation rates vary significantly across EU member states.
- The rate has fluctuated in recent years due to economic and demographic factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly labor force participation rate in the European Union, 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 crucial indicator of the health and dynamics of the regional labor market, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a key input for evaluating economic performance and informing policy decisions related to employment, workforce development, and macroeconomic management.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical update delay of several weeks.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM64MAEUQ156N), retrieved from FRED.