Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Australia
LRHUTTMAAUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.16
Year-over-Year Change
-1.44%
Date Range
4/1/1978 - 1/1/2025
Summary
The monthly unemployment rate for Australian males aged 15 and over provides a crucial measure of labor market conditions and economic performance in the country.
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
This employment statistic tracks the percentage of the male labor force in Australia that is currently without work but actively seeking and available for a job. It is a key indicator used by policymakers, economists, and analysts to assess the strength and trajectory of the Australian economy.
Methodology
The data is collected through monthly household surveys conducted by the Australian Bureau of Statistics.
Historical Context
Unemployment rates are closely watched by the Reserve Bank of Australia in setting monetary policy.
Key Facts
- Australia's male unemployment rate averaged 5.2% in 2022.
- The rate peaked at 7.5% in mid-2020 due to the COVID-19 pandemic.
- Male unemployment tends to be lower than the overall rate in Australia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for Australian males aged 15 and over, providing a snapshot of labor market conditions for this demographic.
Q: Why is this trend relevant for users or analysts?
A: The male unemployment rate is a key indicator of economic performance that helps policymakers, economists, and market participants assess the strength of the Australian labor market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: The Reserve Bank of Australia closely monitors unemployment rates, including this male-specific measure, when setting monetary policy to support full employment and price stability.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 4-6 weeks from the reference period.
Related Trends
Real Exports of Goods for Australia
NXGRNSAXDCAUQ
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Australia
LFUN24TTAUQ647S
International Merchandise Trade Statistics: Imports: Commodities for Australia
XTIMVA01AUA664N
Infra-Annual Labor Statistics: Labor Force Participation Rate Male: 15 Years or over for Australia
LRACTTMAAUQ156S
Deposit Money Bank Assets to GDP for Australia
DDDI02AUA156NWDB
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Australia
AUSCP040000IXNBQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Australia (LRHUTTMAAUQ156S), retrieved from FRED.