Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Australia
Annual, Not Seasonally Adjusted
LFAC25TTAUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,635,028.00
Year-over-Year Change
22.49%
Date Range
1/1/1979 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the annual unemployment rate for individuals ages 25-54 in the United States. This key labor force statistic is closely watched by economists and policymakers to assess the health of the job market.
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 annual unemployment rate tracks the percentage of the civilian population aged 25-54 who are jobless but actively seeking work. It provides a broad overview of core working-age employment conditions, without the seasonal adjustments that can obscure underlying trends.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly household surveys.
Historical Context
Analysts use this metric to evaluate the strength of the economy and inform policy decisions.
Key Facts
- The annual jobless rate for ages 25-54 was 3.5% in 2022.
- Prime-age unemployment has remained below 4% since 2019.
- Stable prime-age employment is a sign of a healthy labor market.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' metric tracks the percentage of the civilian population aged 25-54 who are unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This core labor force statistic provides important insights into the overall strength of the job market, which is a key indicator of economic health.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly household surveys.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor the prime-age unemployment rate to evaluate the state of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The annual unemployment rate data is released with a short delay, typically a few months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC25TTAUA647N), retrieved from FRED.