Employed Population: Aged 15-64: All Persons for the Euro Area (19 Countries)
LFEM64TTEZQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
153,535,300.00
Year-over-Year Change
2.04%
Date Range
4/1/2000 - 10/1/2022
Summary
The Employed Population: Aged 15-64: All Persons for the Euro Area (19 Countries) measures the number of employed individuals between the ages of 15 and 64 in the Eurozone. This data is a key indicator of labor market health and economic activity.
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 data series tracks the total number of employed people aged 15 to 64 in the 19 member countries of the Eurozone. It provides insights into the size and composition of the Eurozone's working-age population and is widely used by economists and policymakers to assess the region's overall economic performance and labor market trends.
Methodology
The data is collected through household surveys conducted by national statistical agencies and compiled by Eurostat.
Historical Context
This employment metric is closely monitored by the European Central Bank and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The Eurozone employed population aged 15-64 was 156.7 million in 2021.
- Employment levels in the Eurozone have recovered to pre-pandemic levels.
- The Eurozone's employment rate for ages 15-64 was 67.9% in 2021.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of employed individuals aged 15 to 64 in the 19 member countries of the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of labor market health and economic activity in the Eurozone, providing insights into the size and composition of the working-age population.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by national statistical agencies and compiled by Eurostat.
Q: How is this trend used in economic policy?
A: This employment metric is closely monitored 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 subject to the publication schedules and methodological changes of the participating national statistical agencies and Eurostat.
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Citation
U.S. Federal Reserve, Employed Population: Aged 15-64: All Persons for the Euro Area (19 Countries) (LFEM64TTEZQ647N), retrieved from FRED.