Harmonized Unemployment: Aged 25 and Over: Males for the European Union
Percent, Quarterly, Seasonally Adjusted
LRHUADMAEUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.10
Year-over-Year Change
-26.79%
Date Range
1/1/2000 - 10/1/2019
Summary
This economic trend measures the seasonally adjusted quarterly employment rate in the European Union. It is a key indicator used by economists and policymakers to assess labor market conditions and economic performance.
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 seasonally adjusted quarterly employment rate in the European Union represents the percentage of the working-age population that is employed. This metric is widely tracked to understand the state of the labor market and broader economic health.
Methodology
The data is collected through household and business surveys conducted by Eurostat.
Historical Context
The employment rate is a crucial input for economic policy decisions and forecasting by governments, central banks, and other institutions.
Key Facts
- The EU employment rate averaged 67.3% in 2021.
- Employment rates vary significantly across EU member states.
- The employment rate is a leading indicator of economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally adjusted quarterly employment rate in the European Union, representing the percentage of the working-age population that is employed.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a crucial indicator of labor market conditions and overall economic performance, making it highly relevant for economists, policymakers, and other analysts.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The employment rate is a key input for economic policy decisions and forecasting by governments, central banks, and other institutions to assess the state of the labor market and broader economic conditions.
Q: Are there update delays or limitations?
A: The employment rate data is published quarterly, with a typical lag of several months. There may be limitations in coverage or comparability across EU member states.
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Citation
U.S. Federal Reserve, Percent, Quarterly, Seasonally Adjusted (LRHUADMAEUQ156S), retrieved from FRED.