Unemployment Rate: Aged 15-74: Females for the European Union
LRUN74FEEUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.38
Year-over-Year Change
-24.25%
Date Range
1/1/2005 - 10/1/2019
Summary
The Unemployment Rate: Aged 15-74: Females for the European Union measures the percentage of the female labor force aged 15-74 in the EU that is without a job but actively seeking work. This key economic indicator provides insight into the overall health of the European labor market.
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 seasonally adjusted unemployment rate tracks the proportion of European women aged 15-74 who are jobless but actively looking for employment. It is a widely used metric for assessing the strength of the EU's female workforce and economic conditions.
Methodology
The data is collected through national labor force surveys and aggregated by Eurostat.
Historical Context
Policymakers and analysts closely monitor this trend to gauge the effectiveness of labor policies and economic performance.
Key Facts
- EU female unemployment rate was 7.1% in 2021.
- Unemployment highest among young women aged 15-24.
- Wide variation in female jobless rates across EU countries.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of women aged 15-74 in the European Union's labor force who are unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The female unemployment rate is a key measure of labor market health and gender equality in the EU economy.
Q: How is this data collected or calculated?
A: The data is gathered through national labor force surveys and aggregated by Eurostat, the EU's statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to evaluate the effectiveness of labor market policies and monitor progress toward gender parity in employment.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, Unemployment Rate: Aged 15-74: Females for the European Union (LRUN74FEEUQ156S), retrieved from FRED.