Infra-Annual Labor Statistics: Working-Age Population Male: 15 Years or over for Austria
LFWATTMAATA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,758,150.00
Year-over-Year Change
10.12%
Date Range
1/1/1999 - 1/1/2024
Summary
This trend measures the total working-age male population aged 15 and over in Austria. It provides insights into the size and composition of the Austrian labor force, which is crucial for economic policymaking and labor market analysis.
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 male population is a key indicator of the potential labor supply in Austria. Economists and policymakers use this data to assess labor market dynamics, workforce participation, and demographic trends that can influence economic growth and employment.
Methodology
The data is collected through household surveys conducted by the Austrian Statistical Office.
Historical Context
This trend is used to inform labor market policies, workforce planning, and economic forecasting in Austria.
Key Facts
- The working-age male population in Austria is over 3.7 million.
- Austria's working-age male population has grown by 4.2% over the past decade.
- Males account for approximately 49% of Austria's total working-age population.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of working-age males aged 15 and over in Austria. It provides insights into the size and composition of the Austrian labor force.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for economists and policymakers to assess labor market dynamics, workforce participation, and demographic trends that can influence economic growth and employment in Austria.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Austrian Statistical Office.
Q: How is this trend used in economic policy?
A: This trend is used to inform labor market policies, workforce planning, and economic forecasting in Austria.
Q: Are there update delays or limitations?
A: There may be some delays in data updates, as the information is collected through household surveys. The data may also be subject to sampling and other methodological limitations.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Male: 15 Years or over for Austria (LFWATTMAATA647S), retrieved from FRED.