Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 64 Years for Austria
LFIN64FEATA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
763,750.00
Year-over-Year Change
-9.31%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the number of females aged 15 to 64 years old who are outside the labor force in Austria. It provides insights into labor market participation and workforce 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 'Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 64 Years for Austria' series tracks the population of working-age women in Austria who are not actively employed or seeking work. This data is a key indicator of labor force participation and can inform economic and social policy decisions.
Methodology
The data is collected through household surveys by the Austrian statistical agency.
Historical Context
This trend is used by economists and policymakers to analyze labor market trends and workforce engagement.
Key Facts
- Austria's female labor force participation rate is above the OECD average.
- Women's workforce engagement has steadily increased in Austria over the past two decades.
- The pandemic had a larger impact on female employment compared to male employment in Austria.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of females aged 15 to 64 years old who are outside the labor force in Austria. It provides insights into labor market participation and workforce dynamics.
Q: Why is this trend relevant for users or analysts?
A: This data is a key indicator of labor force participation and can inform economic and social policy decisions related to workforce engagement, gender equality, and labor market trends.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the Austrian statistical agency.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze labor market trends and workforce engagement, which can inform decisions related to employment, social welfare, and economic development.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, so there may be some delay in the most recent figures. The survey methodology and sample size may also have certain limitations.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 64 Years for Austria (LFIN64FEATA647N), retrieved from FRED.