Active Population: Aged 15-74: Males for the European Union
Quarterly, Not Seasonally Adjusted
LFAC74MAEUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133,554,000.00
Year-over-Year Change
1.10%
Date Range
4/1/2000 - 10/1/2019
Summary
This quarterly, not seasonally adjusted economic indicator measures the total labor force of the Euro area. It is a key statistic used by economists and policymakers to analyze labor market trends and economic conditions.
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 total labor force, or economically active population, represents the number of people employed and unemployed but actively seeking work. This metric provides insight into the size and composition of the workforce, which is crucial for understanding economic growth, employment, and productivity.
Methodology
The data is collected through national labor force surveys and compiled by Eurostat.
Historical Context
Policymakers and analysts use this labor force indicator to inform economic and workforce development strategies.
Key Facts
- The Euro area labor force totaled 160.3 million in Q4 2022.
- The labor force participation rate was 73.7% in Q4 2022.
- Germany accounts for the largest share of the Euro area labor force.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total labor force, or economically active population, in the Euro area on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The size and composition of the labor force is crucial for understanding economic growth, employment, and productivity trends in the Euro area.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this labor force indicator to inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a slight delay, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC74MAEUQ647N), retrieved from FRED.