Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Austria
LFAC64MAATA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,440,275.00
Year-over-Year Change
8.40%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the labor force participation rate of males aged 15 to 64 in Austria. It provides valuable insights into the male working-age population and workforce dynamics in the country.
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 Male: From 15 to 64 Years for Austria is an important indicator that tracks the size and activity of the working-age male population in the Austrian labor market. It helps economists and policymakers understand employment, labor supply, and broader economic conditions.
Methodology
The data is collected through household surveys and other labor force statistics compiled by the Austrian government.
Historical Context
This trend is widely used by economists, labor market analysts, and policymakers to inform economic and employment policies in Austria.
Key Facts
- Austria's male labor force participation rate was 84.2% in 2021.
- The rate has remained relatively stable over the past decade.
- Tracking this trend helps identify shifts in male employment and economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate of males aged 15 to 64 in Austria. It provides insights into the size and activity of the working-age male population in the Austrian labor market.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for economists, labor market analysts, and policymakers to understand employment dynamics, labor supply, and broader economic conditions in Austria.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and other labor force statistics compiled by the Austrian government.
Q: How is this trend used in economic policy?
A: This trend is widely used to inform economic and employment policies in Austria, as it provides insights into the male workforce and labor market conditions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Austrian government, but there may be some delays in reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Austria (LFAC64MAATA647N), retrieved from FRED.