Labor Force Participation Rate In the Euro Area increased to 57.30 percent in the second quarter of 2019 from 57.10 percent in the first quarter of 2019.

Labor Force Participation Rate in the Euro Area averaged 56.80 percent from 2000 until 2019, reaching an all time high of 57.40 percent in the fourth quarter of 2018 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. source: Eurostat

Labor Force Participation Rate in Euro Area is expected to be 59.00 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 59.40 in 12 months time. In the long-term, the Euro Area Labor Force Participation Rate is projected to trend around 60.00 percent in 2020, according to our econometric models.


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Euro Area Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
57.30 57.10 57.40 55.00 2000 - 2019 percent Quarterly
NSA
Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.50 7.50 12.10 7.30 percent [+]
Employed Persons 160.13 160.01 160.13 117.36 Million [+]
Unemployed Persons 12219.00 12230.00 19203.00 11393.00 Thousand [+]
Long Term Unemployment Rate 3.20 3.30 6.30 2.70 percent [+]
Youth Unemployment Rate 15.60 15.60 24.80 14.80 percent [+]
Labour Costs 103.50 110.90 110.90 83.40 points [+]
Productivity 102.10 105.20 105.30 82.60 points [+]
Wages 1868.00 1859.00 1868.00 1177.00 EUR/Month [+]
Wage Growth 2.60 2.80 3.40 0.80 percent [+]
Population 341.15 340.54 341.15 260.38 Million [+]
Employment Change 0.10 0.20 0.70 -0.80 percent [+]
Full Time Employment 116318.80 115278.50 118849.00 107485.60 Thousand [+]
Labor Force Participation Rate 57.30 57.10 57.40 55.00 percent [+]
Part Time Employment 31533.60 31875.10 31875.10 19769.20 Thousand [+]
Retirement Age Men 64.36 64.27 64.36 62.24 [+]
Retirement Age Women 63.96 63.86 63.96 61.66 [+]