Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for Australia
Annual, Seasonally Adjusted
LFAC24FEAUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,170,363.00
Year-over-Year Change
16.29%
Date Range
1/1/1979 - 1/1/2024
Summary
The Annual, Seasonally Adjusted economic trend measures the total labor force participation rate for women aged 24 to 54 in the United States. This key metric provides 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 Annual, Seasonally Adjusted labor force participation rate for women aged 24 to 54 represents the share of working-age women who are employed or actively seeking work. This statistic is a crucial indicator of economic activity, labor market health, and social trends.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and economists closely monitor this trend to understand labor market conditions and inform economic and social policies.
Key Facts
- The labor force participation rate for women aged 24-54 was 76.3% in 2022.
- Women's participation in the labor force has increased significantly since the 1970s.
- Labor force participation rates vary by age, education, and other demographic factors.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted labor force participation rate for women aged 24 to 54 measures the share of working-age women who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into labor market dynamics, workforce participation, and economic activity. It is a crucial indicator for policymakers, economists, and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to understand labor market conditions and inform economic and social policies.
Q: Are there update delays or limitations?
A: The data is updated monthly, and there may be occasional revisions to account for changes in survey methodology or population estimates.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFAC24FEAUA647S), retrieved from FRED.