Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Australia
Monthly, Not Seasonally Adjusted
LRUNTTTTAUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.19
Year-over-Year Change
7.29%
Date Range
2/1/1978 - 6/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' trend measures the U.S. civilian labor force participation rate. This key economic indicator provides insights into labor market dynamics and workforce engagement.
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 non-institutional population aged 16 and over that is either employed or actively seeking work. It is a widely tracked metric used by policymakers and analysts to assess the strength and utilization of the U.S. labor supply.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The participation rate is a crucial input for employment and economic growth analysis, informing policy decisions and market expectations.
Key Facts
- The U.S. labor force participation rate was 62.2% in April 2023.
- Participation rates tend to decline during economic downturns as discouraged workers leave the labor force.
- Demographic shifts, such as an aging population, can also impact long-term participation rate trends.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the percentage of the civilian non-institutional population aged 16 and over that is either 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 dynamics and workforce engagement, providing insights that inform economic policy and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household 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 participation rate is a crucial input for employment and economic growth analysis, informing policy decisions and market expectations.
Q: Are there update delays or limitations?
A: The 'Monthly, Not Seasonally Adjusted' data is released with a one-month lag, providing the most recent non-seasonally adjusted figures.
Related Trends
Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 24 Years for Australia
LFWA24MAAUQ647S
Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Australia
LRIN64TTAUQ156S
Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Australia
AUSCP120000IXNBQ
Sales: Retail Trade: Car Registration: Passenger Cars for Australia
AUSSACRAISMEI
Infra-Annual Labor Statistics: Unemployment Rate Female: 15 Years or over for Australia
LRUNTTFEAUA156N
National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for Australia
NAEXKP02AUQ189S
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRUNTTTTAUM156N), retrieved from FRED.