Labor Force Participation Rate In the Euro Area increased to 73.60 percent in the second quarter of 2021 from 72.60 percent in the first quarter of 2021. source: EUROSTAT

Labor Force Participation Rate in the Euro Area averaged 71.87 percent from 2003 until 2021, reaching an all time high of 73.80 percent in the fourth quarter of 2019 and a record low of 68.80 percent in the second quarter of 2003. This page provides - Euro Area Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Euro Area Labor Force Participation Rate - values, historical data and charts - was last updated on December of 2021.

Labor Force Participation Rate in Euro Area is expected to be 72.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Labor Force Participation Rate is projected to trend around 73.30 percent in 2022 and 73.50 percent in 2023, according to our econometric models.

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Euro Area Labor Force Participation Rate

Related Last Previous Unit Reference
Unemployment Rate 7.30 7.40 percent Oct/21
Unemployed Persons 12079.00 12162.00 Thousand Sep/21
Long Term Unemployment Rate 3.30 3.20 percent Jun/21
Youth Unemployment Rate 16.00 16.30 percent Sep/21
Labour Costs 115.80 104.60 points Jun/21
Productivity 104.40 104.80 points Jun/21
Wages 1903.00 1896.00 EUR/Month Mar/21
Wage Growth -0.40 2.10 percent Jun/21
Population 342.41 341.52 Million Dec/20
Employment Change 0.90 0.70 percent Sep/21
Part Time Employment 30912.90 30508.20 Thousand Jun/21
Labor Force Participation Rate 73.60 72.60 percent Jun/21
Full Time Employment 116145.40 113811.30 Thousand Jun/21