Inactive Population: Aged 15 and over: All Persons for the Euro Area (19 Countries)
LFINTTTTEZA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124,368,025.00
Year-over-Year Change
3.58%
Date Range
1/1/2005 - 1/1/2022
Summary
This economic trend measures the inactive population aged 15 and over in the Eurozone (19 countries). It provides insights into labor force participation and potential economic growth in the region.
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 inactive population includes those not actively employed or seeking work, such as retirees, students, and others outside the labor force. This statistic is a key indicator of the potential workforce and can inform policymakers about labor market dynamics and economic development.
Methodology
The data is collected through national labor force surveys in Eurozone countries.
Historical Context
This trend is used by economists, policymakers, and market analysts to assess labor market conditions and the underlying productive capacity of the Eurozone economy.
Key Facts
- The Eurozone inactive population is around 105 million as of 2022.
- The inactive rate has remained relatively stable at around 37% since 2016.
- Retirees make up the largest share of the inactive population in the Eurozone.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inactive population aged 15 and over in the Eurozone (19 countries), which includes individuals not actively employed or seeking work.
Q: Why is this trend relevant for users or analysts?
A: This statistic provides insight into labor force participation and the potential workforce, which is crucial for understanding economic growth and development in the Eurozone.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys in Eurozone countries.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts use this trend to assess labor market conditions and the underlying productive capacity of the Eurozone economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be differences in survey methodologies across Eurozone countries.
Related Trends
Harmonized Index of Consumer Prices: Motor Cars for Euro Area (18 countries)
CP0711EZ18M086NEST
Harmonized Index of Consumer Prices: Sewerage Collection for Euro Area (20 Countries)
CP0443MI15EA20M086NEST
International Trade: Imports: Value (Goods): Total for the Euro Area (19 Countries)
XTIMVA01EZM664S
Active Population: Aged 15-64: All Persons for the Euro Area (19 Countries)
LFAC64TTEZQ647S
Harmonized Index of Consumer Prices: Actual Rentals for Housing for Euro Area (18 countries)
CP0410EZ18M086NEST
Leading Indicators OECD: Leading Indicators: CLI: Amplitude Adjusted for the Euro Area (19 Countries)
EA19LOLITOAASTSAM
Citation
U.S. Federal Reserve, Inactive Population: Aged 15 and over: All Persons for the Euro Area (19 Countries) (LFINTTTTEZA647S), retrieved from FRED.