Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Australia
Annual, Seasonally Adjusted
LRUN55FEAUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.99
Year-over-Year Change
-3.98%
Date Range
1/1/1979 - 1/1/2024
Summary
This series measures the U.S. civilian labor force participation rate on an annual, seasonally adjusted basis. It is a key indicator of labor market health and economic activity.
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 tracks the percentage of the civilian noninstitutional population aged 16 and over that is employed or actively seeking work. It is used by economists and policymakers to assess labor market dynamics and overall economic conditions.
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 informs decisions around monetary, fiscal, and employment policies.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- Women's participation rate increased from 43.3% in 1950 to 57.1% in 2019.
- The participation rate declined from 66% in 2007 to 62.8% in 2019.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian noninstitutional population aged 16 and over that is 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 labor market health and overall economic activity, informing policy decisions.
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 informs decisions around monetary, fiscal, and employment policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around one month.
Related Trends
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NIRXDCAUA
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DDDM03AUA156NWDB
Broad Money, Alternate Definition 1 for Australia
BDMYA1AUM189S
Infra-Annual Labor Statistics: Working-Age Population Male: From 25 to 54 Years for Australia
LFWA25MAAUQ647S
Outstanding Total International Debt Securities to GDP for Australia
DDDM07AUA156NWDB
Projection of General government net lending/borrowing for Australia
GGNLBPAUA188N
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN55FEAUA156S), retrieved from FRED.