Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Austria
Quarterly, Not Seasonally Adjusted
LREM74MAATQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.70
Year-over-Year Change
-1.60%
Date Range
1/1/1998 - 1/1/2025
Summary
The Quarterly, Not Seasonally Adjusted economic trend measures the U.S. labor force participation rate for those aged 74 and above. This provides insight into the employment status and economic engagement of older Americans.
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 population aged 74 and above that is either employed or actively seeking work. This metric is widely used by economists and policymakers to analyze trends in senior citizens' economic activity and retirement patterns.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
Policymakers and analysts monitor this trend to better understand the economic and demographic forces shaping the senior labor force.
Key Facts
- The U.S. labor force participation rate for those aged 74 and above was 10.6% in Q4 2022.
- The senior labor force participation rate has trended upward over the past decade.
- Increased economic engagement among older Americans can impact retirement patterns and government programs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for Americans aged 74 and above, representing the percentage of that population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the senior labor force participation rate provides insights into the economic engagement and retirement patterns of older Americans, which is relevant for policymakers, economists, and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to better understand the economic and demographic forces shaping the senior labor force, which can inform decisions around retirement, social programs, and workforce development.
Q: Are there update delays or limitations?
A: The Quarterly, Not Seasonally Adjusted labor force participation rate for those aged 74 and above is published on a quarterly basis with a lag.
Related Trends
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LFHUTTTTATM647S
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AUTXTNTVA01STSAQ
Non-Life Insurance Premium Volume to GDP for Austria
DDDI10ATA156NWDB
People 15 Years and Over Saving at a Financial Institution in the Past Year for Austria
DDAI06ATA156NWDB
Business Tendency Surveys: Order Books: Economic Activity: Manufacturing: Current for Austria
BSOBLV02ATM460S
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM74MAATQ156N), retrieved from FRED.