Labor Force Participation Rate in European Union decreased to 56.50 percent in the first quarter of 2021 from 57 percent in the fourth quarter of 2020. source: EUROSTAT
Labor Force Participation Rate in European Union averaged 56.72 percent from 2002 until 2021, reaching an all time high of 57.50 percent in the third quarter of 2017 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 July 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 57.70 in 12 months time. In the long-term, the European Union Labor Force Participation Rate is projected to trend around 57.80 percent in 2022 and 58.00 percent in 2023, according to our econometric models.