Employment Rate: Aged 15-24: Females for the European Union
LREM24FEEUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.68
Year-over-Year Change
-1.03%
Date Range
1/1/2005 - 1/1/2019
Summary
The Employment Rate: Aged 15-24: Females for the European Union measures the percentage of women aged 15-24 who are employed. This data point is crucial for understanding labor market dynamics and youth employment trends within the EU.
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 indicator tracks the employment rate for young women in the European Union, providing insights into labor force participation, economic opportunities, and gender-based employment patterns. It is used by policymakers, researchers, and economists to analyze workforce trends and inform policies targeting youth and female employment.
Methodology
The data is collected through national labor force surveys and compiled by Eurostat, the statistical office of the European Union.
Historical Context
This metric is vital for assessing the effectiveness of labor market policies and programs aimed at promoting youth and gender-inclusive economic participation.
Key Facts
- The EU's female youth employment rate averaged 34.7% in 2021.
- Employment rates are lowest for young women in Italy and Spain.
- The gender gap in youth employment has narrowed in recent decades.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of women aged 15-24 who are employed in the European Union labor market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into youth and gender dynamics within the EU workforce, informing policymaking and economic analysis.
Q: How is this data collected or calculated?
A: The data is compiled by Eurostat based on national labor force surveys.
Q: How is this trend used in economic policy?
A: Policymakers and institutions use this data to assess the effectiveness of programs and policies targeting youth and female employment.
Q: Are there update delays or limitations?
A: The data is updated annually, with a typical 6-12 month lag. Coverage may vary across EU member states.
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Citation
U.S. Federal Reserve, Employment Rate: Aged 15-24: Females for the European Union (LREM24FEEUA156N), retrieved from FRED.