Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 74 Years for Austria

LFWA74MAATA647N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3,408,150.00

Year-over-Year Change

7.39%

Date Range

1/1/1999 - 1/1/2024

Summary

This economic trend tracks the working-age population of males aged 15 to 74 in Austria. It provides valuable insights into the size and dynamics of the Austrian labor force, which is crucial for economic analysis and policymaking.

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: Working-Age Population Male: From 15 to 74 Years for Austria' series measures the number of working-age men in Austria. This data is used by economists and policymakers to analyze labor market trends, workforce participation, and demographic shifts that impact the Austrian economy.

Methodology

The data is collected by the Austrian statistical agency through surveys and administrative records.

Historical Context

This trend is relevant for understanding the supply of labor and potential economic growth in Austria.

Key Facts

  • The working-age male population in Austria is over 3 million.
  • This trend has shown steady growth over the past decade.
  • Austria has one of the highest male labor force participation rates in Europe.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of working-age men (aged 15 to 74) in the Austrian population. It provides insights into the size and dynamics of the male labor force.

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

A: This trend is crucial for understanding labor market conditions, workforce participation, and demographic shifts that can impact the Austrian economy.

Q: How is this data collected or calculated?

A: The data is collected by the Austrian statistical agency through surveys and administrative records.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to analyze the supply of labor and potential for economic growth in Austria.

Q: Are there update delays or limitations?

A: The data is updated regularly by the Austrian statistical agency, with minimal delays. The trend provides a comprehensive view of the working-age male population in Austria.

Related Trends

Citation

U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 74 Years for Austria (LFWA74MAATA647N), retrieved from FRED.