Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for Australia
LFUN64MAAUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
314,103.00
Year-over-Year Change
-4.57%
Date Range
1/1/1979 - 1/1/2024
Summary
This economic trend measures the unemployment rate for Australian males aged 15 to 64 years. It provides valuable insights into the country's labor market dynamics and is a key indicator used by policymakers and economists.
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 Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for Australia represents the percentage of the male labor force between 15 and 64 years of age who are without jobs but actively seeking employment. This metric is widely used to assess the health and stability of the Australian economy.
Methodology
The data is collected through household surveys conducted by the Australian Bureau of Statistics.
Historical Context
This unemployment trend is closely monitored by the Reserve Bank of Australia and other government agencies to inform economic policies and market analysis.
Key Facts
- The latest value for this trend is X.X%.
- Unemployment among Australian males aged 15-64 has fluctuated between X% and Y% over the past decade.
- This metric is a key input for the Reserve Bank of Australia's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate for Australian males aged 15 to 64 years, providing insights into the country's labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: The male unemployment rate is a crucial indicator used by policymakers, economists, and market analysts to assess the health and stability of the Australian economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: This unemployment trend is closely monitored by the Reserve Bank of Australia and other government agencies to inform economic policies and market analysis.
Q: Are there update delays or limitations?
A: The data is released on a regular basis, but there may be some delays in availability due to the survey collection process.
Related Trends
Capital Account, Net (Excludes Exceptional Financing) for Australia
CANEEFAUA052N
International Merchandise Trade Statistics: Exports: Commodities for Australia
XTEXVA01AUQ657S
Real Narrow Effective Exchange Rate for Australia
RNAUBIS
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: 15 Years or over for Australia
LRACTTFEAUM156S
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Australia
AUSCP040100GPQ
Consumer Price Index: Communication (COICOP 08): Total for Australia
AUSCP080000IXNBQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for Australia (LFUN64MAAUA647N), retrieved from FRED.