Employed Population: Aged 25-54: All Persons for the Euro Area (19 Countries)
LFEM25TTEZQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.08
Year-over-Year Change
39.68%
Date Range
4/1/2005 - 10/1/2022
Summary
The 'Employed Population: Aged 25-54: All Persons for the Euro Area (19 Countries)' trend measures the total number of employed individuals aged 25 to 54 in the 19 countries that comprise the Eurozone. This key economic indicator provides insight into the strength and composition of the Eurozone's labor market.
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 metric represents the employed population in the prime working-age group across the Eurozone, which is an important signal of economic health and productivity. Economists and policymakers analyze this data to understand employment trends, labor force participation, and the overall state of the regional economy.
Methodology
The data is collected through national labor force surveys conducted by the statistical agencies of each Eurozone member state.
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
- The Eurozone has 19 member countries.
- The 25-54 age group represents the prime working-age population.
- Employment data is a key indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed individuals aged 25 to 54 across the 19 countries that make up the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides valuable insight into the strength and composition of the Eurozone's labor market, which is a crucial indicator of the region's overall economic health and productivity.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the statistical agencies of each Eurozone member state.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by the European Central Bank and other institutions to inform monetary and fiscal policy decisions for the Eurozone.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedules and methodological differences of the national statistical agencies across the Eurozone member states.
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Citation
U.S. Federal Reserve, Employed Population: Aged 25-54: All Persons for the Euro Area (19 Countries) (LFEM25TTEZQ657S), retrieved from FRED.