Working Age Population: Aged 15-64: Males for the European Union
LFWA64MAEUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163,496,600.00
Year-over-Year Change
-0.45%
Date Range
4/1/2000 - 10/1/2019
Summary
The 'Working Age Population: Aged 15-64: Males for the European Union' measures the total number of men aged 15 to 64 in the European Union. This metric is critical for policymakers and economists analyzing labor force trends and labor market dynamics.
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 series represents the estimated total number of males in the European Union between the ages of 15 and 64, which is considered the traditional working-age population. It provides insight into the size and composition of the potential labor force, which is a key factor in economic growth, employment, and social welfare policy.
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 widely used by government agencies, international organizations, and economic analysts to assess labor market conditions, workforce availability, and demographic shifts in the EU.
Key Facts
- The working-age male population in the EU was over 170 million in 2021.
- This metric has declined slightly in recent years due to aging demographics.
- Policymakers use this data to forecast labor supply and plan social programs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of males aged 15 to 64 in the European Union, which represents the potential working-age male population.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding labor force dynamics, workforce availability, and demographic trends in the EU, which are key inputs for economic policymaking and business planning.
Q: How is this data collected or calculated?
A: The data is compiled by Eurostat based on national labor force surveys conducted across the member states of the European Union.
Q: How is this trend used in economic policy?
A: Governments, international organizations, and analysts rely on this data to assess labor market conditions, forecast workforce supply, and inform policies related to employment, social welfare, and economic development.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and may be subject to revisions as national statistical agencies update their labor force estimates.
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Citation
U.S. Federal Reserve, Working Age Population: Aged 15-64: Males for the European Union (LFWA64MAEUQ647N), retrieved from FRED.