Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Australia
Quarterly, Not Seasonally Adjusted
LFUNTTTTAUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
631,083.10
Year-over-Year Change
19.16%
Date Range
1/1/1964 - 4/1/2025
Summary
This economic trend measures the civilian labor force participation rate on a quarterly basis without seasonal adjustments. It provides insights into workforce participation patterns that are important for economists and policymakers.
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 share of the civilian non-institutional population that is either employed or actively seeking employment. This unadjusted quarterly data offers a raw view of labor market trends that can inform economic analysis and workforce policies.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the underlying strength and dynamics of the U.S. labor market.
Key Facts
- The labor force participation rate was 62.2% in Q4 2022.
- Participation rates are lower than pre-pandemic levels.
- Women have lower participation rates than men.
FAQs
Q: What does this economic trend measure?
A: This trend measures the civilian labor force participation rate on a quarterly, unadjusted basis. It represents the share of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate provides important insights into the underlying strength and dynamics of the U.S. labor market, which is crucial information for economists, policymakers, and market analysts.
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.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of the labor market and inform workforce and economic policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a slight delay, and it does not incorporate seasonal adjustments.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFUNTTTTAUQ647N), retrieved from FRED.