Employment Rate: Aged 15 and Over: Males for the European Union
Quarterly, Not Seasonally Adjusted
LREMTTMAEUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.80
Year-over-Year Change
2.88%
Date Range
4/1/2000 - 10/1/2019
Summary
This economic indicator tracks the total manufacturing employment in the European Union on a quarterly, not seasonally adjusted basis. It provides insight into the health and trends of the EU's manufacturing sector.
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 manufacturing employment series from the U.S. Federal Reserve measures the total number of individuals employed in the manufacturing industry across the European Union. This data is used by economists and policymakers to analyze the performance and dynamics of the EU's manufacturing sector.
Methodology
The data is collected through household and business surveys conducted by statistical agencies in EU member states.
Historical Context
Trends in EU manufacturing employment are closely watched by market analysts and policymakers as an indicator of broader economic conditions.
Key Facts
- The EU manufacturing sector employs over 30 million people.
- Manufacturing accounts for over 20% of total EU economic output.
- Employment in the EU manufacturing sector has declined since the 2008 financial crisis.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of individuals employed in the manufacturing industry across the European Union on a quarterly, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Trends in EU manufacturing employment are closely watched by economists and policymakers as an important indicator of the health and performance of the region's industrial sector.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by statistical agencies in EU member states.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this data to assess the state of the EU's manufacturing industry and its broader economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and publication due to the survey-based methodology used to collect the information.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREMTTMAEUQ156N), retrieved from FRED.