Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for Austria
Quarterly, Not Seasonally Adjusted
LRAC25MAATQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.00
Year-over-Year Change
-0.33%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the average hourly earnings of all employees in the private sector, excluding managers, supervisors, and the self-employed. It provides insights into labor market conditions and wage growth.
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 Quarterly, Not Seasonally Adjusted series tracks the average hourly wage for private sector workers on a quarterly basis without adjusting for seasonal factors. This data is used by economists and policymakers to analyze trends in labor compensation and the overall strength of the job market.
Methodology
The data is collected through surveys of private sector establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This wage growth metric is closely monitored by the Federal Reserve and other policymakers for its implications on inflation, consumer spending, and overall economic health.
Key Facts
- Quarterly, Not Seasonally Adjusted data is released approximately 2 months after the end of each quarter.
- The average hourly wage for private sector workers was $31.85 in Q4 2022.
- Wage growth has outpaced inflation in recent quarters, indicating a tight labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly earnings of all private sector employees, excluding managers, supervisors, and the self-employed. It provides insights into wage growth and labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: This wage growth metric is closely watched by economists, policymakers, and market analysts as it has implications for inflation, consumer spending, and the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private sector establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers use this wage growth data to inform monetary policy decisions and assess the strength of the labor market.
Q: Are there update delays or limitations?
A: The Quarterly, Not Seasonally Adjusted data is released approximately 2 months after the end of each quarter.
Related Trends
Harmonized Index of Consumer Prices: Jewellery, Clocks and Watches for Austria
CP1231ATM086NEST
Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Austria
LFAC25TTATQ647N
Bank's Cost to Income Ratio for Austria
DDEI07ATA156NWDB
Consumer Price Index: Harmonized Prices: Restaurants and Hotels (COICOP 11): Total for Austria
AUTCPHP1100IXEBM
Harmonized Index of Consumer Prices: Spirits for Austria
CP0211ATM086NEST
Value of Exports to Austria from Vermont
VTAUTA052SCEN
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC25MAATQ156N), retrieved from FRED.