Working Age Population: Aged 15-74: All Persons for the Euro Area (19 Countries)
LFWA74TTEZQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
258,887,805.33
Year-over-Year Change
0.76%
Date Range
1/1/2005 - 10/1/2022
Summary
The Working Age Population: Aged 15-74: All Persons for the Euro Area (19 Countries) is an economic indicator that measures the total number of people aged 15 to 74 living in the Eurozone. This metric is crucial for understanding labor market dynamics and economic productivity.
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 trend represents the size of the working-age population in the Eurozone, which is a key determinant of the potential labor force and economic growth. Economists and policymakers closely monitor this indicator to assess the availability of human capital and make informed decisions about economic and social policies.
Methodology
The data is collected through national labor force surveys and compiled by Eurostat.
Historical Context
The working-age population figure helps inform policy decisions related to employment, education, and social programs in the Eurozone.
Key Facts
- The working-age population in the Eurozone is over 300 million.
- The working-age population has grown steadily over the past decade.
- Changes in the working-age population can impact economic growth and labor market conditions.
FAQs
Q: What does this economic trend measure?
A: The Working Age Population: Aged 15-74: All Persons for the Euro Area (19 Countries) measures the total number of people aged 15 to 74 living in the Eurozone countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding labor market dynamics and economic productivity in the Eurozone. It helps inform policy decisions related to employment, education, and social programs.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by Eurostat.
Q: How is this trend used in economic policy?
A: The working-age population figure helps inform policy decisions related to employment, education, and social programs in the Eurozone.
Q: Are there update delays or limitations?
A: The data is updated regularly by Eurostat, but there may be some delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Working Age Population: Aged 15-74: All Persons for the Euro Area (19 Countries) (LFWA74TTEZQ647S), retrieved from FRED.