Inactivity Rate: Aged 15-64: Males for the Euro Area (19 Countries)
LRIN64MAEZA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.75
Year-over-Year Change
-1.69%
Date Range
1/1/2005 - 1/1/2022
Summary
The Inactivity Rate: Aged 15-64: Males for the Euro Area (19 Countries) measures the percentage of males aged 15-64 who are not employed or actively seeking work. This metric provides insights into labor force participation and economic activity within the Eurozone.
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 inactivity rate tracks the share of working-age males in the Eurozone who are neither employed nor looking for a job. It is a key indicator of labor market trends and overall economic health, as high inactivity can signal issues with job opportunities, skills mismatches, or workforce engagement.
Methodology
The data is collected through labor force surveys in Eurozone member states.
Historical Context
Policymakers and economists monitor this inactivity rate to inform decisions on employment, education, and economic policies.
Key Facts
- The inactivity rate for Eurozone males aged 15-64 was 24.4% as of the latest data.
- Inactivity rates tend to be higher for younger and older workers within this age group.
- Addressing inactivity is a key priority for Eurozone labor market and economic policies.
FAQs
Q: What does this economic trend measure?
A: The Inactivity Rate: Aged 15-64: Males for the Euro Area (19 Countries) tracks the percentage of working-age males in the Eurozone who are neither employed nor actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This inactivity rate is a crucial indicator of labor force participation and overall economic health within the Eurozone. High inactivity signals potential issues with job opportunities, workforce engagement, and economic growth.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted in Eurozone member states.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this inactivity rate to inform decisions on employment, education, and broader economic policies aimed at promoting workforce participation and economic growth in the Eurozone.
Q: Are there update delays or limitations?
A: The inactivity rate data is published with a lag, and there may be differences in survey methodologies across Eurozone countries.
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Business Tendency Surveys: Order Books: Economic Activity: Manufacturing: Current for Euro Area (19 Countries)
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Unemployment Rate: Aged 15 and over: All Persons for the Euro Area (19 Countries)
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Citation
U.S. Federal Reserve, Inactivity Rate: Aged 15-64: Males for the Euro Area (19 Countries) (LRIN64MAEZA156N), retrieved from FRED.