Total Harmonized Unemployment: Males for the European Union
LFHUTTMAEUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,016,000.00
Year-over-Year Change
-3.38%
Date Range
1/1/2000 - 1/1/2020
Summary
The 'Total Harmonized Unemployment: Males for the European Union' trend measures the unemployment rate for men across the European Union member states. This key economic indicator provides insights into labor market dynamics and informs policy decisions.
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 harmonized unemployment rate series tracks the percentage of the male labor force in the European Union that is without work but actively seeking employment. It is a widely used metric for evaluating the health of regional labor markets and informing macroeconomic policy.
Methodology
The data is collected through household surveys conducted by national statistics agencies and compiled by Eurostat.
Historical Context
Policymakers and analysts monitor this trend to assess economic conditions and employment trends within the EU.
Key Facts
- The EU male unemployment rate was 6.4% as of the latest data.
- Unemployment rates vary significantly across EU member states.
- Male unemployment is a key factor in assessing overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the male labor force in the European Union that is unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This harmonized unemployment rate provides a standardized metric for evaluating labor market conditions and economic performance across the EU.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by national statistics agencies and compiled by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess economic conditions and inform decisions on fiscal, monetary, and employment policies.
Q: Are there update delays or limitations?
A: The data is typically published on a monthly basis, but there may be lags or revisions due to the survey-based collection process.
Related Trends
Harmonized Index of Consumer Prices: Household Appliances for European Union
CP0530EUCCM086NEST
Unemployment Rate: Aged 15-64: Males for the European Union
LRUN64MAEUQ156S
Harmonized Index of Consumer Prices: Passenger Transport by Railway for European Union (28 Countries)
CP0731EU28M086NEST
Total Industry Production Excluding Construction for the European Union
PRINTO01EUA657S
Harmonized Index of Consumer Prices: Services (Overall Index Excluding Goods) for European Union (27 Countries from 2020)
SERV00EU272020M086NEST
Producer Prices Index: Economic Activities: Total Manufacturing for the European Union
PIEAMP01EUM661N
Citation
U.S. Federal Reserve, Total Harmonized Unemployment: Males for the European Union (LFHUTTMAEUM647S), retrieved from FRED.