Infra-Annual Labor Statistics: Labor Force Total: From 55 to 64 Years for Australia
Quarterly, Seasonally Adjusted
LFAC55TTAUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,143,134.00
Year-over-Year Change
2.22%
Date Range
4/1/1978 - 4/1/2025
Summary
This quarterly, seasonally adjusted economic indicator tracks the labor force participation rate in the United States. It is a key measure of employment and economic activity.
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 that is working or actively seeking employment. It is a widely used metric for assessing the strength and utilization of the U.S. labor market.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
Policymakers and analysts closely monitor this indicator to gauge the health of the overall economy and make informed decisions.
Key Facts
- The current labor force participation rate is around 62%.
- The rate has declined from a peak of over 67% in the early 2000s.
- Participation rates vary by demographics, with lower rates among older workers and women.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of the civilian non-institutional population that is employed or actively seeking work, providing insight into the overall strength of the U.S. labor market.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial metric for evaluating the health and utilization of the workforce, with implications for economic growth, employment levels, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly household surveys and then seasonally adjusted and reported on a quarterly basis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the labor force participation rate to assess the overall strength of the economy and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published on a quarterly basis, with a slight delay from the end of the reference period. The data may be subject to revisions as additional information becomes available.
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INTDSRAUM193N
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ULQELP01AUQ661N
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DDDI02AUA156NWDB
Real Imports of Goods for Australia
NMGRSAXDCAUQ
Central government debt, total (% of GDP) for Australia
DEBTTLAUA188A
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LFHUADMAAUM647S
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC55TTAUQ647S), retrieved from FRED.