Infra-Annual Labor Statistics: Unemployment Rate Female: 15 Years or over for Australia
Annual, Seasonally Adjusted
LRUNTTFEAUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.90
Year-over-Year Change
-26.84%
Date Range
1/1/1979 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the total civilian labor force in the United States. This key economic indicator provides insights into the size and composition 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 total civilian labor force represents the number of people aged 16 and older who are either employed or actively seeking work. This metric is widely used by economists and policymakers to assess labor market trends and inform economic and workforce development strategies.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor labor force trends to understand the overall health of the economy and inform decisions on employment, wages, and workforce development programs.
Key Facts
- The U.S. civilian labor force totaled over 164 million people in 2022.
- The labor force participation rate was 62.3% as of December 2022.
- The unemployment rate was 3.5% in December 2022.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures the total number of people in the United States who are employed or actively seeking work, known as the civilian labor force.
Q: Why is this trend relevant for users or analysts?
A: The size and composition of the labor force is a key indicator of economic health and activity, providing insights that inform policy decisions and business strategies.
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: Policymakers and economists monitor labor force trends to assess the overall strength of the economy and make informed decisions on employment, wages, and workforce development programs.
Q: Are there update delays or limitations?
A: The labor force data is released monthly, with a slight delay, and may be subject to revisions as more information becomes available.
Related Trends
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUNTTFEAUA156S), retrieved from FRED.