Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Australia
Quarterly, Not Seasonally Adjusted
LFAC64TTAUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,508,570.00
Year-over-Year Change
8.15%
Date Range
4/1/1978 - 4/1/2025
Summary
This series measures the quarterly, not seasonally adjusted civilian labor force participation rate for the United States. It is a key indicator of the overall health and size of the labor force.
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 labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This metric is closely watched by economists and policymakers to assess labor market dynamics and inform economic policy decisions.
Methodology
The data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a crucial input for evaluating the state of the economy and the effectiveness of fiscal and monetary policies.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in early 2000.
- The rate declined significantly during the Great Recession, reaching a low of 62.4% in 2015.
- As of the latest data, the labor force participation rate stands at 63.3%.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly, not seasonally adjusted civilian labor force participation rate for the United States. It represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of the overall health and size of the labor market. It is closely watched by economists and policymakers to assess labor market dynamics and inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a crucial input for evaluating the state of the economy and the effectiveness of fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short update delay. There are no known significant limitations to this series.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC64TTAUQ647N), retrieved from FRED.