Labor Force Participation Rate in European Union remained unchanged at 58.30 percent in the fourth quarter of 2019 from 58.30 percent in the third quarter of 2019.

Labor Force Participation Rate in European Union averaged 57.51 percent from 2002 until 2019, reaching an all time high of 58.30 percent in the third quarter of 2019 and a record low of 56.30 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 July of 2020.

Labor Force Participation Rate in European Union is expected to be 56.70 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 57.30 in 12 months time. In the long-term, the European Union Labor Force Participation Rate is projected to trend around 57.50 percent in 2021 and 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
58.30 58.30 58.30 56.30 2002 - 2019 percent Quarterly
NSA

European Union Labour Last Previous Highest Lowest Unit
Unemployed Persons 15349.00 15333.00 26638.00 15333.00 Thousand [+]
Long Term Unemployment Rate 2.40 2.40 5.30 2.40 percent [+]
Labour Costs 113.30 105.90 113.30 84.20 points [+]
Unemployment Rate 6.70 6.60 11.50 6.40 percent [+]
Wage Growth 2.80 3.20 3.60 0.90 percent [+]
Youth Unemployment Rate 14.20 14.10 24.10 14.10 percent [+]
Labor Force Participation Rate 58.30 58.30 58.30 56.30 percent [+]
Part Time Employment 42975.10 43634.10 43634.10 31484.60 Thousand [+]
Population 513.47 512.37 513.47 406.73 Million [+]
Productivity 103.40 103.50 103.50 75.40 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 230356.80 231342.70 232104.10 213005.80 Thousand [+]
Employment Change 0.30 0.00 0.60 -0.70 percent [+]
Full Time Employment 184143.70 182567.10 184143.70 167275.40 Thousand [+]