Labor Force Participation Rate in European Union decreased to 72.60 percent in the first quarter of 2021 from 73.30 percent in the fourth quarter of 2020. source: EUROSTAT
Labor Force Participation Rate in European Union averaged 71.10 percent from 2003 until 2021, reaching an all time high of 73.60 percent in the third quarter of 2019 and a record low of 68.10 percent in the second quarter of 2003. This page provides - European Union Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Labor Force Participation Rate - values, historical data and charts - was last updated on September of 2021.
Labor Force Participation Rate in European Union is expected to be 72.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Labor Force Participation Rate is projected to trend around 73.20 percent in 2022 and 73.40 percent in 2023, according to our econometric models.