Employment Rate: Aged 15-74: Females for the European Union
Quarterly
LREM74FEEUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.80
Year-over-Year Change
3.72%
Date Range
4/1/2000 - 10/1/2019
Summary
The Quarterly trend measures labor force participation for the Euro area. This key economic indicator provides insights into the size and composition of the working-age population and helps inform policy decisions.
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 trend tracks the labor force participation rate, which is the percentage of the working-age population that is either employed or actively seeking work. This metric is widely used by economists and policymakers to assess labor market conditions and evaluate the overall health of the economy.
Methodology
The data is collected through household surveys conducted by national statistical agencies across the Euro area.
Historical Context
Quarterly labor force participation is a crucial input for fiscal and monetary policy decisions.
Key Facts
- The Euro area labor force participation rate was 73.4% in Q4 2022.
- Participation rates vary significantly across individual Euro area countries.
- Changes in labor force participation can impact unemployment, wages, and economic growth.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the labor force participation rate for the Euro area, which is the percentage of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor market conditions and the overall health of the economy, making it essential for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by national statistical agencies across the Euro area.
Q: How is this trend used in economic policy?
A: Quarterly labor force participation is a crucial input for fiscal and monetary policy decisions, as it provides insights into the size and composition of the working-age population.
Q: Are there update delays or limitations?
A: The data is typically published with a short lag, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Quarterly (LREM74FEEUQ156N), retrieved from FRED.