Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Austria
Annual, Not Seasonally Adjusted
LFAC64TTATA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,637,325.00
Year-over-Year Change
9.45%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted total employment in a specific economic sector. It provides insight into long-term employment patterns and is relevant for economic analysis and policymaking.
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 Annual, Not Seasonally Adjusted employment data tracks total employment levels over a 12-month period, without adjusting for seasonal variations. This metric offers a clear view of broader employment trends within a sector, complementing seasonally adjusted data which focuses on month-to-month changes.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this trend to understand the underlying labor market dynamics within a particular industry or region.
Key Facts
- The data is released monthly by the U.S. Bureau of Labor Statistics.
- This metric excludes seasonal adjustments, providing a clearer picture of long-term employment patterns.
- Policymakers use this trend to assess the health and stability of specific economic sectors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted total employment in a specific economic sector or industry.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into long-term employment patterns within a sector, which is valuable for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to understand the underlying labor market dynamics within a particular industry or region, which informs economic policies and decision-making.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of several weeks from the end of the reporting period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC64TTATA647N), retrieved from FRED.