Infra-Annual Labor Statistics: Unemployment Total: From 55 to 64 Years for Australia
Quarterly, Seasonally Adjusted
LFUN55TTAUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71,607.63
Year-over-Year Change
15.02%
Date Range
4/1/1978 - 4/1/2025
Summary
This economic indicator measures the quarterly, seasonally adjusted unemployment rate for the U.S. workforce. It is a key metric used by policymakers and analysts to assess 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 Quarterly, Seasonally Adjusted unemployment rate tracks the percentage of the total civilian labor force that is without a job and actively seeking employment on a quarterly basis. This data is seasonally adjusted to account for typical fluctuations throughout the year.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this unemployment rate to inform decisions on fiscal and monetary policies.
Key Facts
- The current quarterly, seasonally adjusted unemployment rate is X.X%.
- The rate has increased/decreased by Y.Y percentage points over the past Z quarters.
- This indicator is released by the Bureau of Labor Statistics on a quarterly basis.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarterly, seasonally adjusted unemployment rate for the U.S. civilian labor force. It represents the percentage of the total labor force that is without a job and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The quarterly unemployment rate is a key metric used by policymakers, economists, and analysts to assess the strength of the labor market and overall economic performance. It informs decisions on fiscal, monetary, and employment policies.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor the quarterly unemployment rate to help guide decisions on interest rates, government spending, and other policies aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The quarterly unemployment rate data is released by the Bureau of Labor Statistics with a lag of approximately one month after the end of each quarter. There may also be revisions to previous quarters' data as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFUN55TTAUQ647S), retrieved from FRED.