Infra-Annual Labor Statistics: Labor Force Female: From 55 to 64 Years for Austria
Seasonally Adjusted
LFAC55FEATA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
365,050.00
Year-over-Year Change
106.53%
Date Range
1/1/1999 - 1/1/2024
Summary
The Seasonally Adjusted employment data tracks monthly changes in the U.S. labor force, providing a valuable indicator of economic health and employment trends.
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 employment series is seasonally adjusted to account for regular, predictable fluctuations in the labor market, enabling more accurate analysis of underlying economic conditions.
Methodology
The data is collected through the Current Population Survey and adjusted using statistical models to remove seasonal variations.
Historical Context
Policymakers and analysts closely monitor this trend to inform decisions related to employment, monetary policy, and economic forecasting.
Key Facts
- The U.S. labor force comprises approximately 164 million workers.
- Seasonal adjustments account for factors like weather, holidays, and school schedules.
- This data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment data tracks monthly changes in the size of the U.S. labor force, providing a key indicator of economic conditions.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding underlying employment trends, as it removes the effects of regular seasonal fluctuations.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey and adjusted using statistical models to remove seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to inform decisions related to employment, monetary policy, and economic forecasting.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a short delay to allow for seasonal adjustments.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (LFAC55FEATA647S), retrieved from FRED.