Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Austria
Seasonally Adjusted
LFEM24TTATQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
466,215.10
Year-over-Year Change
1.50%
Date Range
1/1/1999 - 1/1/2025
Summary
The Seasonally Adjusted employment-to-population ratio measures the percentage of the civilian noninstitutional population aged 24-55 that is employed. This key labor force indicator provides insight into the strength of the U.S. labor market.
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 seasonally adjusted employment-to-population ratio tracks the share of working-age adults who are employed, adjusting for typical seasonal fluctuations. This metric is a valuable gauge of labor market health, offering a broader perspective than the unemployment rate alone.
Methodology
The data is collected through the Current Population Survey and adjusted for seasonal variations.
Historical Context
Policymakers and economists closely monitor this ratio to assess the state of the economy and guide policy decisions.
Key Facts
- The ratio reached a peak of 82.4% in 2000.
- It declined sharply during the Great Recession, falling to 74.8% in 2010.
- As of [latest date], the ratio stands at [latest value]%.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment-to-population ratio measures the percentage of the civilian noninstitutional population aged 24-55 that is employed.
Q: Why is this trend relevant for users or analysts?
A: This key labor force indicator provides insight into the strength of the U.S. labor market, offering a broader perspective than the unemployment rate alone.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this ratio to assess the state of the economy and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one month.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (LFEM24TTATQ647S), retrieved from FRED.