Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Austria
LRHUTTMAATM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
7.14%
Date Range
1/1/1993 - 6/1/2025
Summary
The Monthly Unemployment Rate for Males Aged 15 and Over in Austria measures the percentage of the male labor force in Austria that is unemployed on a monthly basis.
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 economic indicator tracks unemployment levels among working-age men in Austria, providing insights into the overall health of the Austrian labor market. It is a key metric used by economists and policymakers to assess employment trends and inform economic policy decisions.
Methodology
The data is collected through national labor force surveys conducted by the Austrian government.
Historical Context
The unemployment rate is a critical indicator of economic performance and is closely monitored by central banks, governments, and market analysts.
Key Facts
- Austria's male unemployment rate averaged 4.75% from 2010 to 2020.
- The rate peaked at 6.1% in April 2020 due to the COVID-19 pandemic.
- Unemployment among men is typically lower than the overall rate in Austria.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for males aged 15 and over in Austria, providing insights into the employment levels of working-age men in the country.
Q: Why is this trend relevant for users or analysts?
A: The male unemployment rate is an important indicator of the overall health of the Austrian labor market and is closely monitored by economists, policymakers, and market analysts to assess economic performance and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Austrian government.
Q: How is this trend used in economic policy?
A: The male unemployment rate is used by the Austrian government, central bank, and other institutions to evaluate the state of the labor market and inform economic policies aimed at promoting employment and economic growth.
Q: Are there update delays or limitations?
A: The data is published monthly, with a slight delay to allow for data collection and processing. There may be some limitations in capturing all individuals in the labor force, but the survey methodology is well-established.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Austria (LRHUTTMAATM156S), retrieved from FRED.