Working Age Population: Aged 25-54: All Persons for the European Union
LFWA25TTEUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
204,997,500.00
Year-over-Year Change
-1.65%
Date Range
4/1/2000 - 10/1/2019
Summary
The 'Working Age Population: Aged 25-54: All Persons for the European Union' measures the size of the working-age population in the EU, a key economic indicator for labor markets and policymaking.
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 economic trend represents the total number of individuals aged 25 to 54 in the European Union, a demographic cohort considered to be in the prime working years. It is commonly used to analyze labor force participation, employment trends, and demographic shifts within the EU economy.
Methodology
The data is collected through national labor force surveys and compiled by Eurostat, the statistical office of the European Union.
Historical Context
This trend is closely watched by economists, policymakers, and businesses to assess the availability of working-age individuals and inform decisions around labor supply, economic growth, and social programs.
Key Facts
- The EU working-age population aged 25-54 was 171 million in 2021.
- The working-age population has declined in recent years due to aging demographics.
- Policies aimed at increasing labor force participation are a priority for many EU nations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals aged 25 to 54 in the European Union, which represents the prime working-age population.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding labor market dynamics, economic growth potential, and demographic shifts within the EU economy.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to inform decisions around labor supply, economic growth, and social programs in the EU.
Q: Are there update delays or limitations?
A: The data is typically updated on a quarterly or annual basis, with some potential delays in reporting from national statistical agencies.
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Citation
U.S. Federal Reserve, Working Age Population: Aged 25-54: All Persons for the European Union (LFWA25TTEUQ647N), retrieved from FRED.