Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Australia
Monthly, Seasonally Adjusted
LFWA64TTAUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,942,840.00
Year-over-Year Change
1.75%
Date Range
2/1/1978 - 6/1/2025
Summary
This economic indicator measures the U.S. labor force participation rate, which is the percentage of the civilian noninstitutional population that is either employed or actively seeking work.
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 labor force participation rate is a key metric used by economists and policymakers to assess the health and utilization of the U.S. labor market. It provides insight into workforce dynamics and the size of the active labor pool.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The participation rate is monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in early 2000.
- The rate declined during the Great Recession and has remained below 63% since 2013.
- Participation varies by demographics, with lower rates among older adults and some minority groups.
FAQs
Q: What does this economic trend measure?
A: The labor force participation rate measures the percentage of the civilian population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The participation rate provides insight into the size and engagement of the U.S. labor force, which is a key indicator of economic health and a factor in policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The participation rate is monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The labor force participation data is released monthly with the Employment Situation report and has no significant update delays.
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Citation
U.S. Federal Reserve, Labor Force Participation Rate (LFWA64TTAUM647S), retrieved from FRED.