Labor Force Participation Rate in European Union increased to 57.10 percent in the third quarter of 2020 from 56.10 percent in the second quarter of 2020. source: EUROSTAT
Labor Force Participation Rate in European Union averaged 56.74 percent from 2002 until 2020, reaching an all time high of 57.70 percent in the third quarter of 2019 and a record low of 55.60 percent in the second quarter of 2002. 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 January of 2021.
Labor Force Participation Rate in European Union is expected to be 57.40 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 European Union to stand at 57.50 in 12 months time. In the long-term, the European Union Labor Force Participation Rate is projected to trend around 57.70 percent in 2022, according to our econometric models.