Working Age Population: Aged 15-74: All Persons for the European Union
Quarterly, Not Seasonally Adjusted
LFWA74TTEUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
381,219,200.00
Year-over-Year Change
0.30%
Date Range
4/1/2000 - 10/1/2019
Summary
This trend measures quarterly employment levels in the European Union, providing an unajusted view of labor market conditions.
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 Quarterly, Not Seasonally Adjusted employment series tracks the total number of people employed in the European Union on a quarterly basis, without seasonal adjustments. This unadjusted data offers a raw look at economic activity and labor market trends.
Methodology
The data is collected through labor force surveys conducted by Eurostat.
Historical Context
This metric is used by policymakers and analysts to assess the underlying strength of the European economy.
Key Facts
- Employment in the EU totaled 211 million in Q4 2022.
- Quarterly employment has grown 1.7% year-over-year.
- The EU unemployment rate was 6.1% in December 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment levels in the European Union on a quarterly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted employment data provides a raw view of labor market conditions, which is valuable for policymakers and economists assessing the underlying strength of the European economy.
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: This metric is used by policymakers and analysts to assess the state of the European labor market and overall economic activity.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical 2-3 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFWA74TTEUQ647N), retrieved from FRED.