Leading Indicators OECD: Component series: Employment - Unemployment: Original series for Austria
AUTLOCOEMORSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128,163.80
Year-over-Year Change
12.88%
Date Range
1/1/1960 - 11/1/2022
Summary
The Leading Indicators OECD: Component series - Employment - Unemployment: Original series for Austria tracks changes in Austria's employment and unemployment levels, providing insight into the country's overall economic health and future growth prospects.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator is part of the OECD's broader set of leading economic indicators, which are used to anticipate and monitor cyclical changes in economic activity. The employment and unemployment data offers a timely assessment of Austria's labor market and can help policymakers and analysts understand broader macroeconomic trends.
Methodology
The data is collected through household and business surveys conducted by Austria's national statistical agency.
Historical Context
This indicator is widely used by economists, policymakers, and investors to gauge Austria's economic performance and outlook.
Key Facts
- Austria's employment and unemployment levels are key indicators of its economic health.
- The OECD leading indicators provide an early signal of changes in the business cycle.
- This data series offers timely insights into Austria's labor market conditions.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks changes in Austria's employment and unemployment levels, providing insight into the country's overall economic health and future growth prospects.
Q: Why is this trend relevant for users or analysts?
A: This data is widely used by economists, policymakers, and investors to gauge Austria's economic performance and outlook, as employment and unemployment are key indicators of the country's macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by Austria's national statistical agency.
Q: How is this trend used in economic policy?
A: This indicator is part of the OECD's broader set of leading economic indicators, which are used to anticipate and monitor cyclical changes in economic activity, helping policymakers and analysts understand broader macroeconomic trends.
Q: Are there update delays or limitations?
A: The data is published regularly by the OECD, with minimal delays, providing timely insights into Austria's labor market conditions.
Related Trends
National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Austria
NAEXKP06ATQ652S
Infra-Annual Labor Statistics: Employees Total for Austria
LFESEETTATQ647S
Share Prices: All Shares/Broad: Total for Austria
AUTSPASTT01GYQ
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Austria
AUTSARTQISMEI
Consumer Price Index: Recreation and Culture (COICOP 09): Total for Austria
AUTCP090000GPQ
Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Austria
CCUSMA02ATQ618N
Citation
U.S. Federal Reserve, Leading Indicators OECD: Component series: Employment - Unemployment: Original series for Austria (AUTLOCOEMORSTSAM), retrieved from FRED.