Infra-Annual Labor Statistics: Labor Force Female: From 55 to 64 Years for Austria
LFAC55FEATQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
384,500.00
Year-over-Year Change
14.16%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the labor force participation rate for women aged 55 to 64 in Austria. It provides insights into the employment dynamics of this key demographic group.
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
The Infra-Annual Labor Statistics: Labor Force Female: From 55 to 64 Years for Austria series tracks the quarterly labor force participation rate for Austrian women between the ages of 55 and 64. This data is useful for analyzing labor market trends and informing workforce development policies.
Methodology
The data is collected through household surveys conducted by Statistics Austria.
Historical Context
Policymakers and labor economists use this trend to assess the labor market engagement of older female workers.
Key Facts
- Austria's female labor force participation rate for ages 55-64 was 52.3% in Q4 2022.
- The rate has increased by 10 percentage points over the past decade.
- Older women's employment is a key policy focus in Austria.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly labor force participation rate for Austrian women aged 55 to 64 years old.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the employment dynamics of older female workers, which is an important consideration for labor market and workforce policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Austria.
Q: How is this trend used in economic policy?
A: Policymakers and labor economists use this trend to assess the labor market engagement of older female workers and inform workforce development initiatives.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical 1-2 month publication delay.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Female: From 55 to 64 Years for Austria (LFAC55FEATQ647N), retrieved from FRED.