Labor Force Participation Rate In the Euro Area increased to 74.50 percent in the third quarter of 2021 from 73.60 percent in the second quarter of 2021. source: EUROSTAT

Labor Force Participation Rate in the Euro Area averaged 71.91 percent from 2003 until 2021, reaching an all time high of 74.50 percent in the third quarter of 2021 and a record low of 68.80 percent in the second quarter of 2003. 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 2022.

Labor Force Participation Rate in Euro Area is expected to be 73.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Labor Force Participation Rate is projected to trend around 74.10 percent in 2023 and 74.20 percent in 2024, according to our econometric models.

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Euro Area Labor Force Participation Rate



Related Last Previous Unit Reference
Unemployment Rate 6.80 6.90 percent Mar 2022
Unemployed Persons 11274.00 11350.00 Thousand Mar 2022
Long Term Unemployment Rate 3.20 3.30 percent Sep 2021
Youth Unemployment Rate 13.90 14.00 percent Mar 2022
Labour Costs 118.70 107.50 points Dec 2021
Productivity 104.60 104.33 points Dec 2021
Wages 1963.00 1900.00 EUR/Month Sep 2021
Wage Growth 1.50 2.20 percent Dec 2021
Population 342.41 341.52 Million Dec 2020
Employment Change 0.50 0.40 percent Mar 2022
Part Time Employment 31353.60 30850.70 Thousand Dec 2021
Full Time Employment 117967.10 118180.50 Thousand Dec 2021
Labor Force Participation Rate 74.50 73.60 percent Sep 2021