Harmonized Unemployment: Aged 25 and Over: Males for the European Union
Persons, Quarterly, Seasonally Adjusted
LFHUADMAEUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,214,000.00
Year-over-Year Change
-25.52%
Date Range
1/1/2000 - 10/1/2019
Summary
This economic trend measures the total number of persons in the European Union's workforce on a quarterly, seasonally adjusted basis. It 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
The Persons, Quarterly, Seasonally Adjusted series tracks the total civilian labor force in the European Union. This comprehensive metric is widely used by economists and policymakers to analyze employment, productivity, and broader economic trends.
Methodology
This data is collected through household surveys and aggregated by Eurostat, the statistical office of the European Union.
Historical Context
Labor market data like this trend is critical for informing economic and policy decisions that impact businesses, workers, and consumers.
Key Facts
- The EU workforce totaled over 160 million persons in the latest quarter.
- Labor participation rates have remained relatively stable in recent years.
- Quarterly fluctuations reflect normal seasonal employment patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons in the European Union's civilian labor force on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Labor force data is a critical indicator of economic health and productivity, informing decisions by businesses, policymakers, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and aggregated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Labor market metrics like this trend are closely monitored by central banks, governments, and other institutions to analyze employment, inform policy, and assess broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of several months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFHUADMAEUQ647S), retrieved from FRED.