Inactivity Rate: Aged 15 and Over: Males for the European Union
LRINTTMAEUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.42
Year-over-Year Change
-0.89%
Date Range
1/1/2005 - 10/1/2019
Summary
The Inactivity Rate: Aged 15 and Over: Males for the European Union measures the percentage of men aged 15 and older who are not working or actively seeking employment. This metric is a key indicator of labor force participation and economic activity.
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 represents individuals who are not employed and not actively looking for work, including students, retirees, and those outside the workforce. Analyzing this trend provides insights into labor market dynamics and can inform economic and social policies.
Methodology
The data is collected through household and labor force surveys conducted by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers and analysts use the inactivity rate to assess labor market conditions, identify potential labor supply, and evaluate the effectiveness of employment programs.
Key Facts
- The inactivity rate for EU men aged 15+ was 25.4% in 2021.
- Inactivity rates are generally higher for older men nearing retirement age.
- Reducing male inactivity is a policy goal to increase labor force participation.
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 men aged 15 and older who are not employed and not actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The inactivity rate provides insights into labor market dynamics and can inform economic and social policies aimed at increasing workforce participation.
Q: How is this data collected or calculated?
A: The data is collected through household and labor force surveys conducted by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the inactivity rate to assess labor market conditions, identify potential labor supply, and evaluate the effectiveness of employment programs.
Q: Are there update delays or limitations?
A: The inactivity rate data is subject to the publication schedule and methodological limitations of the Eurostat surveys.
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Citation
U.S. Federal Reserve, Inactivity Rate: Aged 15 and Over: Males for the European Union (LRINTTMAEUQ156S), retrieved from FRED.