Employment to Population Rate: All Ages: All Persons for Austria
LREPTTTTATQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.07
Year-over-Year Change
0.07%
Date Range
1/1/1999 - 7/1/2014
Summary
The Employment to Population Ratio (EPR) for Austria measures the proportion of the working-age population that is employed. This key labor market indicator provides insights into the strength and utilization of the Austrian workforce.
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 EPR represents the number of employed persons as a percentage of the total working-age population. It is a comprehensive measure of labor market engagement, reflecting both employment levels and labor force participation.
Methodology
The data is collected through Austria's labor force survey.
Historical Context
The EPR is closely monitored by policymakers and analysts to assess the overall health of the Austrian economy.
Key Facts
- Austria's EPR was 72.1% in 2022.
- The EPR has remained relatively stable over the past decade.
- Austria's EPR is among the highest in the European Union.
FAQs
Q: What does this economic trend measure?
A: The Employment to Population Ratio (EPR) measures the proportion of the working-age population in Austria that is employed.
Q: Why is this trend relevant for users or analysts?
A: The EPR is a comprehensive indicator of labor market performance, providing insights into the strength and utilization of the Austrian workforce.
Q: How is this data collected or calculated?
A: The data is collected through Austria's labor force survey.
Q: How is this trend used in economic policy?
A: The EPR is closely monitored by policymakers and analysts to assess the overall health of the Austrian economy.
Q: Are there update delays or limitations?
A: The EPR data is updated regularly with minimal delays.
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Citation
U.S. Federal Reserve, Employment to Population Rate: All Ages: All Persons for Austria (LREPTTTTATQ156S), retrieved from FRED.