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.

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European Union Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
57.10 56.10 57.70 55.60 2002 - 2020 percent Quarterly
NSA

European Union Labour Last Previous Highest Lowest Unit
Unemployed Persons 15933.00 16236.00 24146.00 13776.00 Thousand [+]
Long Term Unemployment Rate 2.40 2.00 5.70 2.00 percent [+]
Labour Costs 106.90 115.70 115.70 83.00 points [+]
Unemployment Rate 7.50 7.60 11.50 6.50 percent [+]
Wage Growth 2.40 4.60 4.60 1.00 percent [+]
Youth Unemployment Rate 17.70 17.50 24.90 14.70 percent [+]
Labor Force Participation Rate 57.10 56.10 57.70 55.60 percent [+]
Part Time Employment 34338.90 35846.40 35921.60 31016.50 Thousand [+]
Population 446.82 446.10 446.82 354.53 Million [+]
Productivity 103.50 103.80 104.20 75.50 points [+]
Retirement Age Men 64.28 64.21 64.28 62.57 [+]
Retirement Age Women 63.44 63.31 63.44 61.24 [+]
Employed Persons 191819.00 189695.00 195272.00 170598.00 Thousand [+]
Employment Change 0.90 -2.70 0.90 -2.70 percent [+]
Full Time Employment 155833.20 157306.40 160627.20 146066.10 Thousand [+]