Labor Force Participation Rate In the Euro Area increased to 56.8 percent in the third quarter of 2020 from 55.50 percent in the second quarter of 2020. source: EUROSTAT

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 February of 2021.

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.

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Euro Area Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
56.80 55.50 57.60 55.00 2000 - 2020 percent Quarterly
NSA

Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.30 8.30 12.10 7.20 percent [+]
Employed Persons 157.39 155.81 161.00 117.36 Million [+]
Unemployed Persons 13671.00 13616.00 19397.00 11457.00 Thousand [+]
Long Term Unemployment Rate 2.80 2.30 6.30 2.30 percent [+]
Youth Unemployment Rate 18.50 18.10 24.80 14.80 percent [+]
Labour Costs 105.00 115.00 115.00 83.40 points [+]
Productivity 102.90 105.00 105.00 81.80 points [+]
Wages 1876.00 1741.00 1884.00 1176.00 EUR/Month [+]
Wage Growth 2.20 4.50 4.50 0.80 percent [+]
Population 341.90 341.15 341.90 260.38 Million [+]
Employment Change 0.30 1.00 1.00 -3.00 percent [+]
Full Time Employment 115242.10 113877.30 118849.00 107485.60 Thousand [+]
Labor Force Participation Rate 56.80 55.50 57.60 55.00 percent [+]
Part Time Employment 30819.00 30427.60 31962.20 19769.20 Thousand [+]
Retirement Age Men 64.61 64.52 64.61 62.24 [+]
Retirement Age Women 64.29 64.20 64.29 61.66 [+]