Infra-Annual Labor Statistics: Unemployment Male: From 25 to 54 Years for Austria
LFUN25MAATA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87,225.00
Year-over-Year Change
9.03%
Date Range
1/1/1999 - 1/1/2024
Summary
This trend measures the unemployment rate for Austrian men aged 25 to 54 years. It provides timely insights into labor market dynamics and is a key economic indicator for policymakers.
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: Unemployment Male: From 25 to 54 Years for Austria tracks the percentage of economically active Austrian men between the ages of 25 and 54 who are without a job but actively seeking work. This provides a granular view of labor force participation and employment health.
Methodology
The data is collected through household surveys conducted by Statistik Austria, the national statistical office.
Historical Context
This unemployment rate trend is closely monitored by the Austrian government, central bank, and international organizations to inform economic policies and labor market interventions.
Key Facts
- Austria's male unemployment rate aged 25-54 was 3.6% in 2021.
- This cohort represents a key demographic for the Austrian economy.
- Unemployment rates for this group are typically lower than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate for Austrian men aged 25 to 54 years. It provides insights into labor force participation and employment levels within a key demographic group.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate for prime-working-age men is a critical indicator of labor market health and economic stability. Policymakers use this data to inform workforce development initiatives and macroeconomic policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by Statistik Austria, the national statistical office.
Q: How is this trend used in economic policy?
A: This unemployment rate trend is closely monitored by the Austrian government, central bank, and international organizations to inform economic policies and labor market interventions.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual (more frequent than annual) basis, providing timely insights into labor market dynamics. However, there may be minor lags in data availability.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Male: From 25 to 54 Years for Austria (LFUN25MAATA647N), retrieved from FRED.