Unemployment to Population Rate: All Ages: Males for Austria
LRUPTTMAATQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.17
Year-over-Year Change
47.70%
Date Range
1/1/1999 - 7/1/2014
Summary
The Unemployment to Population Rate: All Ages: Males for Austria measures the percentage of the total male population in Austria who are unemployed. This statistic is a key indicator of the labor market and economic conditions for Austrian men.
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 economic trend represents the share of the total Austrian male population that is currently unemployed. It is an important metric for assessing the strength of the Austrian labor market and male employment trends over time.
Methodology
The data is collected through household surveys conducted by the Austrian statistical agency.
Historical Context
Policymakers and economists monitor this rate to understand the overall health of the Austrian economy and make informed decisions.
Key Facts
- Austria's male unemployment rate was 5.1% in 2021.
- The rate has decreased from a high of 6.2% in 2016.
- Austria has one of the lowest male unemployment rates in the EU.
FAQs
Q: What does this economic trend measure?
A: The Unemployment to Population Rate: All Ages: Males for Austria measures the percentage of the total male population in Austria who are unemployed and actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market and economic conditions for Austrian men, which is crucial information for policymakers, economists, and businesses operating in Austria.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Austrian statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this rate to understand the overall health of the Austrian economy and make informed decisions about fiscal, monetary, and labor market policies.
Q: Are there update delays or limitations?
A: The data is typically published on a monthly or quarterly basis, with some potential for minor delays in data reporting.
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Citation
U.S. Federal Reserve, Unemployment to Population Rate: All Ages: Males for Austria (LRUPTTMAATQ156S), retrieved from FRED.