Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for Austria
LRIN25TTATQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.19
Year-over-Year Change
-1.01%
Date Range
1/1/1999 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for Austria measures the percentage of the Austrian population aged 25 to 54 who are not employed or actively seeking work. This is a key indicator of labor force participation and utilization.
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 statistic represents the portion of prime-working-age Austrians who are considered economically inactive, neither employed nor actively seeking employment. It provides insights into labor market dynamics and is used by policymakers and economists to assess labor force engagement.
Methodology
The data is collected through household surveys conducted by the Austrian national statistical agency.
Historical Context
This inactivity rate is monitored by the Austrian government and the European Union to inform labor market and economic policies.
Key Facts
- Austria's inactivity rate for ages 25-54 was 10.3% in 2021.
- The rate has declined from a high of 12.4% in 2015.
- Austria has one of the lowest inactivity rates in the EU.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for Austria measures the percentage of the Austrian population aged 25 to 54 who are not employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This inactivity rate provides insights into labor market dynamics and is used by policymakers and economists to assess labor force engagement and inform economic policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Austrian national statistical agency.
Q: How is this trend used in economic policy?
A: This inactivity rate is monitored by the Austrian government and the European Union to inform labor market and economic policies.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delays in data collection and reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for Austria (LRIN25TTATQ156S), retrieved from FRED.