Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Austria
Quarterly, Seasonally Adjusted
LFHUADMAATQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112,333.33
Year-over-Year Change
-14.03%
Date Range
1/1/1994 - 7/1/2023
Summary
This series measures the labor force participation rate for adults aged 25-54 in the United States on a quarterly, seasonally adjusted basis. It provides key insights into workforce trends and labor market dynamics.
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 labor force participation rate represents the percentage of the civilian non-institutional population aged 25-54 that is either employed or actively seeking work. This metric is closely watched by economists and policymakers as an indicator of labor market strength and the health of the broader economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Policymakers use this series to evaluate the state of the labor market and inform economic and employment-related decisions.
Key Facts
- The current labor force participation rate for 25-54 year olds is around 82%.
- Participation rates have declined since the 2000s, reflecting demographic and economic changes.
- This metric is an important gauge of labor market health and economic well-being.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian non-institutional population aged 25-54 that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of labor market strength and the overall health of the economy, providing valuable insights for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this series to evaluate the state of the labor market and inform economic and employment-related decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of around one month from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHUADMAATQ647S), retrieved from FRED.