Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Austria
LRHUADTTATM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.60
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 5/1/2025
Summary
The monthly unemployment rate for individuals aged 25 and over in Austria provides valuable insights into the country's labor market dynamics.
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 trend measures the percentage of the Austrian labor force aged 25 and over who are unemployed and actively seeking work. It is a key indicator of the overall health and resilience of the Austrian economy.
Methodology
The data is collected through national labor force surveys conducted by the Austrian statistical agency.
Historical Context
This unemployment rate is closely monitored by policymakers and analysts to inform economic and labor market policies.
Key Facts
- Austria's unemployment rate for those 25+ was 4.2% in 2022.
- The rate has declined from a high of 6.0% in 2016.
- Austria has one of the lowest unemployment rates in the European Union.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for individuals aged 25 and over in Austria, providing insights into the country's labor market.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate for those 25 and over is a key indicator of the overall health and resilience of the Austrian economy, closely monitored by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Austrian statistical agency.
Q: How is this trend used in economic policy?
A: This unemployment rate is used by policymakers and analysts to inform economic and labor market policies in Austria.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Austria (LRHUADTTATM156S), retrieved from FRED.