Inactivity Rate: Aged 15-24: Males for the Euro Area (19 Countries)
LRIN24MAEZA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.23
Year-over-Year Change
1.94%
Date Range
1/1/2005 - 1/1/2022
Summary
The Inactivity Rate: Aged 15-24: Males for the Euro Area (19 Countries) tracks the proportion of young men who are not employed, in school, or actively seeking work. This metric is a key indicator of youth labor market engagement and economic opportunity.
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 series measures the share of males aged 15-24 in the Euro Area (19 countries) who are neither employed nor actively seeking work. It provides insight into the degree of labor force participation and economic inclusion among young men in the region.
Methodology
The data is collected through household labor force surveys conducted by Eurostat.
Historical Context
The inactivity rate is closely monitored by policymakers to assess labor market conditions and design interventions to promote youth employment.
Key Facts
- The inactivity rate for young men in the Euro Area was 13.4% in 2021.
- Youth inactivity has remained elevated since the 2008 financial crisis.
- High inactivity rates can signal challenges with school-to-work transitions.
FAQs
Q: What does this economic trend measure?
A: The Inactivity Rate: Aged 15-24: Males for the Euro Area (19 Countries) measures the proportion of young men who are not employed, in school, or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into youth labor market engagement and economic opportunities in the Euro Area, which is critical for policymakers seeking to promote employment and social inclusion.
Q: How is this data collected or calculated?
A: The data is collected through household labor force surveys conducted by Eurostat.
Q: How is this trend used in economic policy?
A: The inactivity rate is closely monitored by policymakers to assess labor market conditions and design interventions to promote youth employment.
Q: Are there update delays or limitations?
A: The data is updated annually, with some potential delays in publication.
Related Trends
Harmonized Index of Consumer Prices: Newspapers, Books and Stationery for Albania
CP095MI15ALM086NEST
Consumer Price Index: Harmonised Prices: Services: Total for the Euro Area (19 Countries)
EA19CPHPSE01GYM
Harmonized Index of Consumer Prices: Cultural Services for Albania
CP0942MI15ALM086NEST
Harmonized Index of Consumer Prices: Pets and related Products; veterinary and Other Services for pets for Euro Area (18 countries)
CP0934EZ18M086NEST
Harmonized Index of Consumer Prices: Mainly Administered Prices for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
APMAINEZCCM086NEST
Real Broad Effective Exchange Rate for Euro Area
RBXMBIS
Citation
U.S. Federal Reserve, Inactivity Rate: Aged 15-24: Males for the Euro Area (19 Countries) (LRIN24MAEZA156N), retrieved from FRED.