Employment by Economic Activity: Construction: All Persons for the European Union
Quarterly, Not Seasonally Adjusted
LFEACNTTEUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,902,800.00
Year-over-Year Change
5.17%
Date Range
4/1/2000 - 10/1/2019
Summary
This economic trend measures total employment in the Euro area on a quarterly, not seasonally adjusted basis. It provides insight into the overall labor market and economic activity in the region.
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, Not Seasonally Adjusted employment trend tracks the total number of employed persons in the Euro area, including both employees and self-employed individuals. This unadjusted data offers a raw view of employment changes over time, which can complement seasonally adjusted figures.
Methodology
The data is collected through surveys of businesses and households across the Euro area member states.
Historical Context
This employment metric is closely watched by policymakers, central banks, and market analysts to assess the health of the Eurozone economy.
Key Facts
- The Eurozone has over 160 million employed persons.
- Employment levels have steadily increased since the global financial crisis.
- Quarterly data can be more volatile than seasonally adjusted figures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the Eurozone on a quarterly, unadjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This raw employment data provides insight into broader labor market and economic conditions in the Eurozone.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households across Eurozone member states.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and market analysts closely monitor this employment metric to assess the health of the Eurozone economy.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and can be more volatile than seasonally adjusted figures.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEACNTTEUQ647N), retrieved from FRED.