Inactivity Rate: Aged 15 and Over: Males for the European Union
LRINTTMAEUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.50
Year-over-Year Change
2.08%
Date Range
1/1/2005 - 1/1/2019
Summary
The Inactivity Rate: Aged 15 and Over: Males for the European Union measures the percentage of the male population aged 15 and older who are not actively participating in the labor force. This is a key economic indicator for understanding patterns in male labor force participation.
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 series tracks the share of the male population aged 15 and above who are not employed and not actively seeking work. It provides important insights into trends in male economic activity and labor market engagement across the European Union.
Methodology
The data is collected through labor force surveys conducted by national statistical agencies and compiled by Eurostat.
Historical Context
Policymakers and economists use this indicator to assess labor market dynamics and inform policy decisions related to employment, education, and social welfare.
Key Facts
- The EU male inactivity rate was 22.7% in 2021.
- Male inactivity rates are generally higher in Southern and Eastern European countries.
- The inactivity rate for older men aged 55-64 is significantly higher than for younger men.
FAQs
Q: What does this economic trend measure?
A: The Inactivity Rate: Aged 15 and Over: Males for the European Union measures the percentage of the male population aged 15 and older who are not actively participating in the labor force.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into male labor force participation and engagement, which is crucial for understanding broader labor market dynamics and informing economic and social policies.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by national statistical agencies and compiled by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess labor market trends and inform decisions related to employment, education, and social welfare policies.
Q: Are there update delays or limitations?
A: The data is published regularly by Eurostat, but there may be some delays in reporting due to the survey-based nature of the data collection.
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Citation
U.S. Federal Reserve, Inactivity Rate: Aged 15 and Over: Males for the European Union (LRINTTMAEUA156N), retrieved from FRED.