Unemployment Rate: Aged 55-64: Females for the European Union
LRUN55FEEUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.68
Year-over-Year Change
-18.96%
Date Range
1/1/2005 - 10/1/2019
Summary
The Unemployment Rate: Aged 55-64: Females for the European Union is an important economic indicator that measures the percentage of women aged 55 to 64 who are actively seeking employment but unable to find work.
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 trend provides insight into the labor force participation and employment challenges faced by older female workers in the European Union. It is a key statistic for understanding the dynamics of an aging workforce and evaluating policies aimed at promoting active aging and workforce inclusion.
Methodology
The data is collected through national labor force surveys across EU member states.
Historical Context
This metric is closely monitored by policymakers, economists, and labor market analysts to assess the effectiveness of initiatives supporting older workers.
Key Facts
- The EU unemployment rate for women aged 55-64 was 6.1% in 2021.
- Unemployment among older female workers is often linked to age discrimination and skills mismatches.
- Promoting active aging and lifelong learning are key policy priorities to address this challenge.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate for women aged 55 to 64 in the European Union, providing insight into the labor force participation and employment challenges faced by older female workers.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the dynamics of an aging workforce and evaluating the effectiveness of policies aimed at promoting active aging and workforce inclusion for older female workers.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys across EU member states.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers, economists, and labor market analysts to assess the effectiveness of initiatives supporting older workers and promoting active aging.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in reporting across EU member states.
Related Trends
Harmonized Index of Consumer Prices: Social Protection for European Union (27 Countries from 2020)
CP1240EU272020M086NEST
Harmonized Index of Consumer Prices: Mainly Administered Prices for European Union (27 Countries from 2020)
APMAINEU272020M086NEST
Inactivity Rate: Aged 15 and Over: Females for the European Union
LRINTTFEEUQ156S
Employed Population: Aged 15-64: All Persons for the European Union
LFEM64TTEUA647N
Harmonized Index of Consumer Prices: Furniture and Furnishings for European Union (28 Countries)
CP0511EU28M086NEST
Harmonized Index of Consumer Prices: Clothing and Footwear for Euro Area (19 Countries)
CP0300EZ19M086NEST
Citation
U.S. Federal Reserve, Unemployment Rate: Aged 55-64: Females for the European Union (LRUN55FEEUQ156S), retrieved from FRED.