Infra-Annual Labor Statistics: Employees Total for Austria
LFESEETTATQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,953,766.00
Year-over-Year Change
2.03%
Date Range
1/1/1965 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Employees Total for Austria' tracks the total number of employed persons in Austria on a monthly basis. This key labor market indicator provides timely insights into the health and dynamics of the Austrian economy.
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 series measures the total number of employees in Austria, including both full-time and part-time workers across all sectors. It serves as an important high-frequency signal of economic activity and is closely monitored by policymakers and analysts to gauge labor market trends.
Methodology
The data is collected through surveys of Austrian businesses and households.
Historical Context
The total employees metric is used to assess the overall strength of the Austrian labor market and to inform economic policy decisions.
Key Facts
- Austria has a total labor force of over 4 million people.
- The services sector accounts for the largest share of Austrian employment.
- Austria's unemployment rate is among the lowest in the Eurozone.
FAQs
Q: What does this economic trend measure?
A: The 'Infra-Annual Labor Statistics: Employees Total for Austria' tracks the total number of employed persons in Austria on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This key labor market indicator provides timely insights into the health and dynamics of the Austrian economy, and is closely monitored by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Austrian businesses and households.
Q: How is this trend used in economic policy?
A: The total employees metric is used to assess the overall strength of the Austrian labor market and to inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with minimal delays, providing a timely snapshot of the Austrian labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employees Total for Austria (LFESEETTATQ647S), retrieved from FRED.