Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 74 Years for Austria
LFIN74MAATA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
919,950.00
Year-over-Year Change
3.63%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the number of men aged 15 to 74 in Austria who are outside the labor force. It provides insights into the size and dynamics of the working-age male population not actively participating in the 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 Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 74 Years for Austria series tracks the monthly count of working-age Austrian men who are not employed or actively seeking employment. This data is used by economists and policymakers to analyze labor force participation and identify potential areas for employment initiatives.
Methodology
This data is collected through surveys of Austrian households.
Historical Context
Trends in the size of the working-age male population outside the labor force can inform policies aimed at boosting employment and economic productivity.
Key Facts
- The data is reported on a monthly basis.
- Tracking this metric can help identify potential sources of untapped labor supply.
- Austria's working-age male population outside the labor force totaled over 570,000 in the latest reading.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of men aged 15 to 74 in Austria who are outside the labor force, meaning they are not employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: Tracking the size and dynamics of the working-age male population not participating in the labor market can provide insights to economists and policymakers looking to boost employment and economic productivity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Austrian households.
Q: How is this trend used in economic policy?
A: Trends in the working-age male population outside the labor force can inform policies aimed at increasing employment and economic growth.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with no significant update delays.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 74 Years for Austria (LFIN74MAATA647N), retrieved from FRED.