Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 24 Years for Austria
LFWA24FEATA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
450,475.00
Year-over-Year Change
-8.48%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the working-age population of females aged 15 to 24 in Austria. It provides valuable insights into the size and composition of the domestic labor force.
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 working-age population female from 15 to 24 years for Austria is an important demographic indicator used by economists and policymakers to analyze labor market trends and inform workforce development strategies.
Methodology
This data is collected through household surveys conducted by the Austrian national statistical agency.
Historical Context
Trends in the working-age population can influence policies related to education, training, and labor force participation.
Key Facts
- The working-age population female from 15 to 24 years in Austria was 785,000 in 2022.
- This age group represents 9.0% of the total working-age population in Austria.
- The size of this demographic has declined by 4.3% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the size of the working-age population of females aged 15 to 24 years in Austria.
Q: Why is this trend relevant for users or analysts?
A: This demographic data is crucial for understanding the composition and potential of Austria's labor force, which informs economic and workforce development policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Austrian national statistical agency.
Q: How is this trend used in economic policy?
A: Trends in the working-age population are used by policymakers and economists to analyze labor market dynamics and inform policies related to education, training, and labor force participation.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be some delays in data availability due to the time required for collection and processing.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 24 Years for Austria (LFWA24FEATA647N), retrieved from FRED.