Employed Population: Aged 25-54: All Persons for the European Union
Growth Rate Previous Period, Quarterly, Not Seasonally Adjusted
LFEM25TTEUQ657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.00
Year-over-Year Change
-99.52%
Date Range
4/1/2005 - 10/1/2019
Summary
This economic trend measures the quarter-over-quarter growth rate of employment in the European Union, providing insights into the region's labor market dynamics.
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 Growth Rate Previous Period, Quarterly, Not Seasonally Adjusted metric tracks the percent change in employment from the previous quarter, offering a snapshot of the pace of job creation or loss in the European Union.
Methodology
The data is calculated based on surveys of businesses and households conducted by Eurostat, the statistical office of the European Union.
Historical Context
This employment growth rate is a key indicator monitored by policymakers and economists to assess the strength of the European economy.
Key Facts
- The EU employment growth rate averaged 0.4% per quarter in 2021.
- The fastest quarterly growth was 1.0% in Q3 2021.
- Employment levels remain below pre-pandemic peaks in many EU countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter percentage change in employment in the European Union, providing insights into the pace of job creation or loss.
Q: Why is this trend relevant for users or analysts?
A: The EU employment growth rate is a key indicator of economic health and labor market strength, closely watched by policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is calculated by Eurostat based on surveys of businesses and households across the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this employment growth rate to assess the strength of the European economy and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The employment growth data is released quarterly by Eurostat, with a lag of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Not Seasonally Adjusted (LFEM25TTEUQ657N), retrieved from FRED.