Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Australia
Monthly, Not Seasonally Adjusted
LREM55TTAUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.33
Year-over-Year Change
-0.16%
Date Range
2/1/1978 - 6/1/2025
Summary
This series measures the monthly civilian labor force participation rate for the United States, not seasonally adjusted. It provides insights into the overall size and engagement of the U.S. workforce.
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 represents the percentage of the civilian noninstitutional population aged 16 and over who are either employed or actively seeking work. This metric is closely watched by economists and policymakers as an indicator of labor market strength and economic health.
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
The labor force participation rate is a key input for assessing the state of the U.S. economy and informing policy decisions.
Key Facts
- The U.S. labor force participation rate was 62.2% in March 2023.
- The participation rate has declined from a peak of 67.3% in early 2000.
- Demographic shifts, such as an aging population, have contributed to the long-term decline.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly civilian labor force participation rate for the United States, which represents the percentage of the population aged 16 and over who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the strength and engagement of the U.S. workforce, providing insights into economic conditions and labor market dynamics.
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: The labor force participation rate is closely monitored by economists and policymakers as an important input for assessing the state of the U.S. economy and informing policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release delay of around two weeks.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LREM55TTAUM156N), retrieved from FRED.