Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Austria
LFHU24TTATM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57,000.00
Year-over-Year Change
7.55%
Date Range
1/1/1994 - 5/1/2025
Summary
This trend measures the total number of unemployed individuals aged 15 to 24 in Austria on a monthly basis. It provides key insights into youth labor market dynamics and is an important indicator for economists and policymakers.
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 monthly unemployment total for Austrians aged 15 to 24 is a crucial labor market statistic that helps analyze youth employment trends and assess the effectiveness of labor policies. It is widely used by economists, government agencies, and researchers to understand the challenges facing young job seekers.
Methodology
The data is collected through household surveys conducted by the Austrian statistical agency.
Historical Context
This unemployment trend is closely monitored by the Austrian government and the European Union to inform employment and economic policies.
Key Facts
- Austria's youth unemployment rate was 9.4% in 2021.
- The unemployment total for 15-24 year-olds reached a high of 78,000 in 2020.
- Youth unemployment is a persistent challenge in many European economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unemployed individuals aged 15 to 24 in Austria on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This youth unemployment statistic is a key indicator for understanding labor market dynamics and the challenges facing young job seekers in Austria.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Austrian statistical agency.
Q: How is this trend used in economic policy?
A: This unemployment trend is closely monitored by the Austrian government and the European Union to inform employment and economic policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with minimal delays, providing timely insights into Austria's youth labor market.
Related Trends
U.S. Imports of Goods by Customs Basis from Austria
IMP4330
Harmonized Index of Consumer Prices: Non-Energy Industrial Goods for Austria
IGDSXEATM086NEST
Harmonized Index of Consumer Prices: Services Related to Package Holidays and Accommodation for Austria
SRVRPPATM086NEST
Net migration for Austria
SMPOPNETMAUT
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Austria
AUTCP090000GYQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Austria
AUTCP020000GYM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Austria (LFHU24TTATM647S), retrieved from FRED.