Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Austria
LFEM55MAATA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
446,100.00
Year-over-Year Change
83.96%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the employment levels of Austrian males aged 55 to 64 years. It provides insight into labor force participation and aging workforce 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
The Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Austria tracks the monthly employment figures for Austrian men in the 55-64 age group. This data series is used by economists and policymakers to analyze labor market trends and the economic integration of older workers.
Methodology
The data is collected through household surveys by Statistics Austria.
Historical Context
This trend informs discussions around pension policies, retirement incentives, and strategies for extending working lives.
Key Facts
- Austria's employment rate for men aged 55-64 was 60.5% in 2021.
- The trend has shown gradual increases over the past decade.
- Employment of older workers is a key policy focus in many European countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly employment levels of Austrian men aged 55 to 64 years.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into labor force participation and aging workforce dynamics, which are important for policy discussions around pensions, retirement incentives, and strategies for extending working lives.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistics Austria.
Q: How is this trend used in economic policy?
A: This trend informs discussions around pension policies, retirement incentives, and strategies for extending the working lives of older adults.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
Related Trends
Harmonized Index of Consumer Prices: Repair of Household Appliances for Austria
CP0533ATM086NEST
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Austria
AUTCP040300GPM
Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Austria
LFHU24MAATA647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Austria
AUTCPHP1100GYM
Consumer Price Index: Total Food Excluding Restaurants for Austria
CPGDFD02ATM659N
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Austria
LFUN74MAATA647S
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Austria (LFEM55MAATA647N), retrieved from FRED.