Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 64 Years for Austria
LRAC64MAATQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.20
Year-over-Year Change
0.05%
Date Range
1/1/1999 - 1/1/2025
Summary
The Labor Force Participation Rate Male: From 15 to 64 Years for Austria measures the proportion of working-age Austrian men who are employed or actively seeking work. This metric is a key indicator of the health and dynamics of the Austrian labor market.
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
This series tracks the percentage of Austrian men aged 15 to 64 who are part of the labor force, either working or looking for a job. It provides important insights into labor force trends, workforce participation, and economic activity in Austria.
Methodology
The data is collected through household surveys conducted by the Austrian government.
Historical Context
Policymakers and economists closely monitor this indicator to assess the strength of the Austrian economy and inform employment and economic policies.
Key Facts
- Austria's labor force participation rate for men aged 15-64 was 82.3% as of the latest data.
- The rate has remained relatively stable over the past decade, fluctuating between 81-83%.
- Austria has one of the highest male labor force participation rates among OECD countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of Austrian men aged 15 to 64 who are either employed or actively seeking work, known as the labor force participation rate.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and dynamics of the Austrian labor market, providing insights into workforce participation, economic activity, and employment trends.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Austrian government.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess the strength of the Austrian economy and inform employment and economic policies.
Q: Are there update delays or limitations?
A: The data is released on a regular basis, with minimal delays, providing timely insights into the Austrian labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 64 Years for Austria (LRAC64MAATQ156S), retrieved from FRED.