Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 24 Years for Australia
LFWA24FEAUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,693,064.00
Year-over-Year Change
2.38%
Date Range
2/1/1978 - 4/1/2025
Summary
This trend measures the working-age population of females aged 15 to 24 years in Australia. It provides key insights into labor force dynamics and demographic shifts that inform economic policymaking.
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 working-age population is a crucial economic indicator, as it represents the segment of the population that is typically employed or seeking work. Tracking the female 15-24 age cohort specifically offers valuable data on youth labor force participation and gender-based employment patterns.
Methodology
This data is collected through national labor force surveys conducted by the Australian Bureau of Statistics.
Historical Context
Policymakers and analysts use this trend to assess labor market conditions, identify skills gaps, and develop targeted workforce development programs.
Key Facts
- The working-age population accounts for over 60% of Australia's total population.
- Female labor force participation in Australia has increased by 10% over the past decade.
- The 15-24 age cohort makes up approximately 13% of Australia's working-age population.
FAQs
Q: What does this economic trend measure?
A: This trend measures the working-age population of females aged 15 to 24 years in Australia. It provides insights into youth labor force participation and gender-based employment patterns.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding labor market dynamics, identifying skills gaps, and developing effective workforce development programs in Australia.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess labor market conditions and inform the development of targeted workforce programs.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Australian Bureau of Statistics, with potential for minor delays in the release of the latest figures.
Related Trends
Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Australia
TDSAMRIAOGGAU
Net migration for Australia
SMPOPNETMAUS
Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Australia
LFEM64MAAUM647N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Australia
AUSCP100000GYQ
Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Australia
LFEM64TTAUM657S
Weekly Earnings: Private Sector for Australia
LCEAPR02AUQ661S
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 24 Years for Australia (LFWA24FEAUM647S), retrieved from FRED.