Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for Austria
Quarterly, Seasonally Adjusted
LFAC24MAATQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
278,959.50
Year-over-Year Change
1.30%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted labor force participation rate for adults aged 25-54 in the United States. This key metric provides insight into the size and composition of the core working-age population in the labor market.
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 share of the civilian noninstitutional population aged 25-54 that is either employed or actively seeking work. This data series is a crucial indicator of the health and utilization of the prime-age workforce, which is vital for economic growth and productivity.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey of households.
Historical Context
Policymakers and analysts monitor this trend to assess the strength of the labor market and the overall state of the economy.
Key Facts
- The U.S. prime-age labor force participation rate averaged 82.2% in 2022.
- Participation rates are typically higher for men than women in this age group.
- Participation tends to be lower during economic downturns and recessions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted labor force participation rate for adults aged 25-54 in the United States.
Q: Why is this trend relevant for users or analysts?
A: The prime-age labor force participation rate is a key indicator of the health and utilization of the core working-age population, which is vital for economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey of households.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the strength of the labor market and the overall state of the economy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, providing timely insights into labor force dynamics.
Related Trends
Harmonized Index of Consumer Prices: Oils and Fats for Austria
CP0115ATM086NEST
Leading Indicators OECD: Component series: Employment - Unemployment: Original series for Austria
AUTLOCOEMORSTSAM
Harmonized Index of Consumer Prices: Telephone and Telefax Services for Austria
CP0830ATM086NEST
Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Austria
LFHU24MAATA647N
Leading Indicators OECD: Component series: Interest rate spread: Original series for Austria
AUTLOCOSIORSTM
Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Austria
LMUNRRTTATM156S
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC24MAATQ647S), retrieved from FRED.