Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Austria
LFEM74TTATQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,486,587.00
Year-over-Year Change
1.57%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Austria' measures the total number of employed individuals aged 15 to 74 in Austria. This metric is a key indicator of the country's labor market conditions and economic activity.
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 data series tracks quarterly employment levels in Austria for the working-age population between 15 and 74 years old. It provides insights into Austria's labor force participation and can be used to analyze economic trends and inform policy decisions.
Methodology
The data is collected through household surveys conducted by the Austrian statistical agency.
Historical Context
This employment trend is widely monitored by economists, policymakers, and financial analysts to assess the health of the Austrian economy.
Key Facts
- Austria's employment rate for ages 15-74 was 72.7% in Q3 2022.
- Employment levels in Austria have steadily increased since the COVID-19 pandemic.
- The services sector accounts for the largest share of employment in Austria.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed individuals aged 15 to 74 in Austria, providing insights into the country's labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is a key indicator of Austria's economic activity and can inform policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Austrian statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this employment trend to assess the health of the Austrian economy and make informed policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several months.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 74 Years for Austria (LFEM74TTATQ647S), retrieved from FRED.