Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Austria
LRHU24FEATM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.70
Year-over-Year Change
-10.47%
Date Range
1/1/1994 - 5/1/2025
Summary
The Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Austria measures the unemployment rate for Austrian women aged 15 to 24. This statistic is crucial for policymakers to understand youth employment trends and inform targeted labor market interventions.
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 monthly labor market indicator tracks the unemployment rate specifically for young Austrian women. It provides insight into the challenges and opportunities facing this demographic segment, which is important for evaluating the effectiveness of education, training, and employment policies.
Methodology
The data is collected through household surveys by the Austrian statistical agency.
Historical Context
Policymakers and labor market analysts closely monitor this indicator to assess the economic inclusion and labor force participation of young women in Austria.
Key Facts
- Austria's female youth unemployment rate averaged 7.4% in 2021.
- The rate for young Austrian women is typically lower than the overall national unemployment rate.
- Youth unemployment is a key focus area for the Austrian government's labor market policies.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Austria measures the unemployment rate specifically for Austrian women aged 15 to 24 years old.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the labor force participation and economic inclusion of young women in Austria, which is crucial for policymakers evaluating the effectiveness of education, training, and employment programs.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Austrian statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and labor market analysts closely monitor this indicator to assess youth employment trends and inform targeted interventions to improve labor force participation and economic opportunities for young Austrian women.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into the labor market for this demographic segment.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Austria (LRHU24FEATM156S), retrieved from FRED.