Labor Force Participation Rate In the Euro Area increased to 57.60 percent in the fourth quarter of 2019 from 57.40 percent in the third quarter of 2019.
Labor Force Participation Rate in the Euro Area averaged 56.83 percent from 2000 until 2019, 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 May of 2020. source: Eurostat
Labor Force Participation Rate in Euro Area is expected to be 59.20 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 59.50 in 12 months time. In the long-term, the Euro Area Labor Force Participation Rate is projected to trend around 59.50 percent in 2021 and 60.00 percent in 2022, according to our econometric models.