Infra-Annual Labor Statistics: Working-Age Population Male: From 55 to 64 Years for Estonia
Annual, Seasonally Adjusted
LFWA55MAEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79,000.00
Year-over-Year Change
6.54%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted labor force participation rate for the Euro area. This metric is closely monitored by policymakers and economists to assess the health and utilization of the region's workforce.
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 labor force participation rate represents the share of the working-age population that is employed or actively seeking work. Tracking this indicator helps analysts understand broader employment trends and labor market dynamics in the Euro area.
Methodology
The data is collected through labor force surveys conducted by Eurostat.
Historical Context
The labor force participation rate is a key input for economic modeling and policy decisions regarding employment, productivity, and social programs.
Key Facts
- The Euro area's labor force participation rate was 73.3% as of the latest data.
- Participation rates tend to be higher among men than women in the Euro area.
- Policies aimed at increasing labor force participation are a focus for many European governments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted labor force participation rate for the Euro area. It represents the share of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of employment and labor market health. Tracking this metric helps policymakers and economists assess the utilization of a region's workforce.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by Eurostat.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a crucial input for economic modeling and policy decisions regarding employment, productivity, and social programs.
Q: Are there update delays or limitations?
A: The data is published with a delay of several months, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWA55MAEEA647S), retrieved from FRED.