Labor Force Participation Rate In the Euro Area decreased to 55.60 percent in the second quarter of 2020 from 56.70 percent in the first quarter of 2020.
Labor Force Participation Rate in the Euro Area averaged 56.81 percent from 2000 until 2020, reaching an all time high of 57.60 percent in the fourth quarter of 2019 and a record low of 55 percent in the second quarter of 2001. This page provides - Euro Area Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Labor Force Participation Rate - values, historical data and charts - was last updated on October of 2020. source: Eurostat
Labor Force Participation Rate in Euro Area is expected to be 55.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Euro Area to stand at 56.50 in 12 months time. In the long-term, the Euro Area Labor Force Participation Rate is projected to trend around 56.70 percent in 2021 and 57.30 percent in 2022, according to our econometric models.