Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Austria
LRHUADMAATA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.97
Year-over-Year Change
8.36%
Date Range
1/1/1994 - 1/1/2024
Summary
This economic trend measures the monthly unemployment rate for men aged 25 and over in Austria. It provides valuable insights into the Austrian labor market and informs policy decisions.
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 Monthly Unemployment Rate Male: 25 Years or over for Austria is a key indicator of economic health and labor force participation. This data series is used by economists, policymakers, and analysts to understand employment trends and inform economic strategies.
Methodology
The data is collected through surveys conducted by the Austrian government.
Historical Context
This trend is closely monitored by the European Central Bank and other institutions to assess the overall state of the Austrian economy.
Key Facts
- Austria's unemployment rate for men aged 25+ was 3.2% in 2022.
- The trend has shown a gradual decline since the COVID-19 pandemic.
- Austria has one of the lowest male unemployment rates in the European Union.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for men aged 25 and over in Austria. It provides insights into the Austrian labor market.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of economic health and labor force participation in Austria, and is closely monitored by policymakers and institutions.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the Austrian government.
Q: How is this trend used in economic policy?
A: This trend is used by the European Central Bank and other institutions to assess the overall state of the Austrian economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical update delay of 4-6 weeks.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Austria (LRHUADMAATA156N), retrieved from FRED.