Inactivity Rate: Aged 15 and Over: Males for the European Union
LRINTTMAEUA156S • 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 measures the percentage of working-age males in the European Union who are not employed or actively seeking work. This metric provides insights into labor force participation and utilization.
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 Inactivity Rate reflects the share of the male population aged 15 and over in the EU who are neither employed nor seeking employment. It is a key indicator of labor market conditions and the potential labor supply.
Methodology
The data is collected through household labor force surveys conducted by Eurostat.
Historical Context
Policymakers use this trend to assess labor market health and design employment policies.
Key Facts
- The EU inactivity rate for males aged 15+ was 26.5% in 2021.
- Inactivity rates are higher among older male workers nearing retirement.
- Reducing inactivity is a key policy goal to boost EU economic potential.
FAQs
Q: What does this economic trend measure?
A: The Inactivity Rate measures the percentage of working-age males in the European Union who are not employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor force participation and utilization, which are crucial for understanding the health of the EU labor market and designing effective employment policies.
Q: How is this data collected or calculated?
A: The data is collected through household labor force surveys conducted by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to assess labor market health and design employment policies to increase workforce participation and economic potential.
Q: Are there update delays or limitations?
A: The data is updated regularly by Eurostat, but there may be some delays in publication.
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Citation
U.S. Federal Reserve, Inactivity Rate: Aged 15 and Over: Males for the European Union (LRINTTMAEUA156S), retrieved from FRED.