Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Austria
LFUN74MAATA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138,600.00
Year-over-Year Change
12.91%
Date Range
1/1/1999 - 1/1/2024
Summary
The Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Austria tracks the unemployment rate among Austrian men aged 15 to 74. This metric is a key indicator of labor market conditions and economic health.
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
This data series provides a detailed breakdown of unemployment statistics in Austria, focusing specifically on male workers between the ages of 15 and 74. Economists and policymakers analyze this information to assess the strength of the Austrian labor market and make informed decisions about employment-related policies.
Methodology
The data is collected through household surveys conducted by the Austrian government.
Historical Context
Trends in this metric are closely monitored by the Austrian central bank and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- Austria's male unemployment rate averaged 4.3% from 2010 to 2020.
- The unemployment rate for Austrian men peaked at 5.7% in 2016.
- The COVID-19 pandemic caused a sharp increase in male unemployment in Austria in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate among Austrian men aged 15 to 74 years old, providing insights into the country's labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: Tracking male unemployment in Austria is crucial for economists and policymakers to assess the overall health of the labor market and inform employment-related policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Austrian government.
Q: How is this trend used in economic policy?
A: Trends in this metric are closely monitored by the Austrian central bank and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be some delays in availability due to the survey-based collection process.
Related Trends
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Austria
LFWA24TTATQ647N
Business Tendency Surveys: Volume of Stocks: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles: Current for Austria
AUTBRVSLV02STSAM
Insurance Company Assets to GDP for Austria
DDDI11ATA156NWDB
Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Austria
LRUN55FEATA156N
Share Prices: All Shares/Broad: Total for Austria
SPASTT01ATM657N
Number of Identified Exporters to Austria from North Carolina
NCAUTA475SCEN
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Austria (LFUN74MAATA647S), retrieved from FRED.