Infra-Annual Labor Statistics: Labor Force Female: From 15 to 64 Years for Australia
Annual, Seasonally Adjusted
LFAC64FEAUA647S • 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 economic indicator measures the annual, seasonally adjusted employment-to-population ratio for the civilian labor force in the United States. It provides important insights into labor market trends and the overall health of the economy.
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 employment-to-population ratio is a key metric for evaluating the strength of the labor market. It represents the proportion of the civilian population aged 16 and over who are employed. Economists and policymakers use this data to assess employment levels, labor force participation, and economic growth.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey, a monthly household survey.
Historical Context
This trend is widely used by government agencies, financial institutions, and economic analysts to inform policy decisions and market assessments.
Key Facts
- The employment-to-population ratio reached a high of 63.4% in 2000.
- The ratio declined sharply during the Great Recession, falling to 58.5% in 2010.
- As of the latest data, the employment-to-population ratio stands at 60.1%.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the proportion of the civilian population aged 16 and over who are employed. It provides insights into labor market conditions and the overall strength of the economy.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a crucial metric for evaluating the health of the labor market and the broader economy. It is widely used by economists, policymakers, and analysts to inform their assessments and decision-making.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey, a comprehensive household survey.
Q: How is this trend used in economic policy?
A: Policymakers, government agencies, and financial institutions rely on the employment-to-population ratio to gauge labor market conditions, inform policy decisions, and assess the overall state of the economy.
Q: Are there update delays or limitations?
A: The employment-to-population ratio data is updated monthly and is subject to revisions as new information becomes available. There may be occasional delays in data reporting, but the information is generally timely and reliable.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFAC64FEAUA647S), retrieved from FRED.