Quarterly, Seasonally Adjusted
ESPEMPFEMQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,944.92
Year-over-Year Change
-4.36%
Date Range
7/1/1972 - 1/1/2012
Summary
This economic trend measures quarterly employment in the European Union, seasonally adjusted. It is a key indicator of labor market conditions and economic performance in 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
The Quarterly, Seasonally Adjusted employment indicator tracks the total number of people employed in the European Union on a quarterly basis, with seasonal fluctuations removed. This data series is used by economists and policymakers to assess the overall health of the Eurozone economy.
Methodology
The data is collected through labor force surveys and compiled by Eurostat, the statistical office of the European Union.
Historical Context
This employment trend is closely watched by the European Central Bank and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Employment in the European Union stood at 214 million in Q4 2022.
- The Eurozone unemployment rate was 6.1% in December 2022.
- The services sector accounts for the largest share of EU employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the European Union on a quarterly basis, with seasonal fluctuations removed.
Q: Why is this trend relevant for users or analysts?
A: This employment indicator is a key measure of labor market conditions and overall economic performance in the Eurozone, used by economists and policymakers to inform their decisions.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by the European Central Bank and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately two months.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Spain
ESPCP020000GYM
International Merchandise Trade Statistics: Imports: Commodities for Spain
XTIMVA01ESM664S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Spain
ESPCP120000GYQ
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Spain
ESPCP040300GPM
Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Spain
ESPCP120000GPQ
Gross Domestic Product for Spain
MKTGDPESA646NWDB
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (ESPEMPFEMQDSMEI), retrieved from FRED.