Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Austria

Quarterly, Seasonally Adjusted

LFIN55MAATQ647S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

213,100.00

Year-over-Year Change

-1.57%

Date Range

1/1/1999 - 1/1/2025

Summary

This quarterly, seasonally adjusted economic trend measures labor force participation in the finance and insurance industry, providing insights into employment dynamics in a key sector.

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 for the finance and insurance industry is an important indicator of the health and activity levels within this critical economic segment. It reflects the proportion of the working-age population actively employed or seeking work in this industry.

Methodology

The data is collected through household surveys by the U.S. Bureau of Labor Statistics.

Historical Context

Policymakers and analysts use this metric to gauge labor market conditions and workforce trends in the finance and insurance sector.

Key Facts

  • The finance and insurance industry accounts for about 6% of total U.S. employment.
  • Labor force participation in this sector has remained relatively stable over the past decade.
  • Finance and insurance jobs are typically higher-paying than the national average.

FAQs

Q: What does this economic trend measure?

A: This trend measures the labor force participation rate in the finance and insurance industry, representing the proportion of working-age adults who are employed or actively seeking work in this sector.

Q: Why is this trend relevant for users or analysts?

A: The finance and insurance industry is a key driver of economic activity, and this metric provides insights into employment dynamics and workforce trends within this critical sector.

Q: How is this data collected or calculated?

A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to gauge labor market conditions and workforce trends in the finance and insurance sector, which can inform economic and financial policy decisions.

Q: Are there update delays or limitations?

A: This data is released quarterly, with a slight delay, and may be subject to revisions as additional information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFIN55MAATQ647S), retrieved from FRED.