Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Austria
Quarterly, Not Seasonally Adjusted
LRUN55FEATQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.56
Year-over-Year Change
-4.00%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the U.S. labor force participation rate on a quarterly, not seasonally adjusted basis. It provides insight into long-term labor market participation trends.
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 labor force participation rate represents the percentage of the civilian, non-institutional population aged 16 and over who are employed or actively seeking work. This metric is a key indicator of the health and dynamics of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor labor force participation to assess the strength of the labor market and broader economic conditions.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates declined sharply during the COVID-19 pandemic but have been recovering.
- Labor force participation is a key input for measuring potential GDP and employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian, non-institutional population aged 16 and over who are either employed or actively seeking work, on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a critical indicator of the health and dynamics of the U.S. labor market, providing insights into long-term trends in workforce engagement.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force participation to assess the strength of the labor market and broader economic conditions, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a slight delay, and does not account for seasonal fluctuations in the labor force.
Related Trends
Harmonized Index of Consumer Prices: Services Related to Package Holidays and Accommodation for Austria
SRVRPPATM086NEST
Leading Indicators OECD: Reference Series: Gross Domestic Product (GDP): Original Series for Austria
LORSGPORATQ659S
Harmonized Index of Consumer Prices: Food Including Alcohol and Tobacco for Austria
FOOD00ATM086NEST
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Austria
LRHUADTTATM156S
Business Tendency Surveys: Business Situation: Economic Activity: Services: Tendency for Austria
AUTBVBUTE02STSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Austria
AUTCP020000CTGYM
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN55FEATQ156N), retrieved from FRED.