Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for Austria
LRAC25MAATA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.15
Year-over-Year Change
-0.51%
Date Range
1/1/1999 - 1/1/2024
Summary
The Labor Force Participation Rate Male: From 25 to 54 Years for Austria measures the share of working-age Austrian men who are employed or actively seeking work. This key economic indicator provides insights into labor market dynamics and workforce engagement.
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 tracks the percentage of Austrian men aged 25 to 54 who are part of the active labor force. It is a valuable metric for assessing the health and participation levels of the core working-age population, which is crucial for economic analysis and policy decisions.
Methodology
The data is collected through household surveys conducted by the Austrian government.
Historical Context
Policymakers and economists closely monitor this trend to understand employment patterns and identify opportunities for targeted labor market interventions.
Key Facts
- The labor force participation rate for Austrian men aged 25-54 was 92.4% in 2021.
- This rate has remained relatively stable over the past decade, fluctuating between 91-93%.
- Austria has one of the highest male labor force participation rates in the European Union.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Austrian men aged 25 to 54 who are employed or actively seeking work, providing insights into the labor force participation of the core working-age population.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate for prime-age men is a key indicator of economic health and labor market dynamics, which is crucial for policy decisions and economic analysis.
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: Policymakers and economists closely monitor this trend to understand employment patterns and identify opportunities for targeted labor market interventions.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Austrian government, but may be subject to some delay in publication.
Related Trends
Insurance Company Assets to GDP for Austria
DDDI11ATA156NWDB
Consumer Price Index: Harmonized Prices: Transport (COICOP 07): Total for Austria
AUTCPHP0700GPM
Business Tendency Surveys: Employment: Economic Activity: Services: Tendency for Austria
BVEMTE02ATM460S
Production: Manufacturing: Consumer Goods: Durable Goods for Austria
AUTPRMNCG02IXOBSAM
Bank Credit to Bank Deposits for Austria
DDSI04ATA156NWDB
Consumer Price Index: Harmonized Prices: All Items: Total for Austria
CPHPTT01ATA657N
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for Austria (LRAC25MAATA156N), retrieved from FRED.