Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Austria
LREM25TTATQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.26
Year-over-Year Change
-0.58%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the employment rate for individuals aged 25 to 54 in Austria, providing insights into labor market dynamics and workforce participation.
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 employment rate is a key indicator of economic activity and labor market health. This specific trend focuses on the working-age population, which is of particular interest to policymakers and economists analyzing labor force participation and employment trends.
Methodology
The data is collected through household surveys conducted by national statistical agencies.
Historical Context
Employment rates are closely monitored by central banks and governments to inform economic policies and decisions.
Key Facts
- Austria's employment rate for 25-54 year-olds was 87.4% in 2021.
- The employment rate for this age group has remained relatively stable over the past decade.
- Employment rates are a key indicator of economic health and labor market participation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for individuals aged 25 to 54 in Austria, providing insights into labor market dynamics and workforce participation.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a crucial indicator of economic activity and labor market health, particularly for the working-age population, which is of interest to policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by national statistical agencies.
Q: How is this trend used in economic policy?
A: Employment rates are closely monitored by central banks and governments to inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting and potential limitations in survey coverage or methodology.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Austria (LREM25TTATQ156S), retrieved from FRED.