Infra-Annual Labor Statistics: Labor Force Female: From 15 to 64 Years for Australia
Annual, Not Seasonally Adjusted
LFAC64FEAUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,822,233.00
Year-over-Year Change
27.64%
Date Range
1/1/1979 - 1/1/2024
Summary
This annual, not seasonally adjusted economic trend measures the unemployment rate for the civilian labor force in the United States. It is a key indicator of labor market conditions and economic performance.
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 civilian unemployment rate represents the percentage of the civilian labor force that is jobless but actively seeking employment. This metric is widely used by economists, policymakers, and analysts to assess the health and recovery of the U.S. economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a crucial input for Federal Reserve monetary policy decisions and a barometer for the overall strength of the labor market.
Key Facts
- The U.S. civilian unemployment rate averaged 5.9% in 2022.
- The unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The U.S. economy has added over 12 million jobs since the end of the 2020 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate for the civilian labor force in the United States.
Q: Why is this trend relevant for users or analysts?
A: The civilian unemployment rate is a key indicator of labor market conditions and the overall health of the U.S. economy, making it an important metric for economists, policymakers, and market analysts.
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: The unemployment rate is a crucial input for Federal Reserve monetary policy decisions and serves as a barometer for the strength of the labor market and overall economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a relatively short lag, making it a timely indicator of labor market conditions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC64FEAUA647N), retrieved from FRED.