Infra-Annual Labor Statistics: Employees Total for Australia
LFESEETTAUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,467,610.00
Year-over-Year Change
3.21%
Date Range
11/1/1984 - 4/1/2025
Summary
The 'Infra-Annual Labor Statistics: Employees Total for Australia' metric tracks the total number of employees in Australia at a sub-annual frequency. This provides timely insights into the health of the Australian labor market and 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
This series measures the total number of employees in Australia, including both full-time and part-time workers. It is a key indicator of economic activity and a barometer of the labor market, used by policymakers and analysts to monitor employment trends.
Methodology
The data is collected through statistical surveys of Australian businesses and households.
Historical Context
This metric is closely watched by the Reserve Bank of Australia and other government agencies to inform economic and labor market policies.
Key Facts
- Australia has a total labor force of over 13 million workers.
- The employment-to-population ratio in Australia is around 63%.
- Services sectors account for the majority of Australian employment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees, both full-time and part-time, in the Australian labor market.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a key indicator of economic health and activity, used by policymakers and analysts to monitor labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through statistical surveys of Australian businesses and households.
Q: How is this trend used in economic policy?
A: The Reserve Bank of Australia and other government agencies closely monitor this metric to inform economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is published at a sub-annual frequency, providing timely insights into employment trends in Australia.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employees Total for Australia (LFESEETTAUM647S), retrieved from FRED.