Quarterly, Seasonally Adjusted
AUSEMPFEMQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,232.11
Year-over-Year Change
5.04%
Date Range
1/1/1965 - 1/1/2012
Summary
The Quarterly, Seasonally Adjusted series measures the total employment level in Australia on a quarterly basis, adjusted for seasonal variations. This metric is a key indicator of the overall health and strength of the Australian labor market.
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 Quarterly, Seasonally Adjusted employment data provides a comprehensive view of the Australian workforce, tracking the total number of persons employed across all sectors of the economy. This series is a widely-referenced benchmark for labor market analysts and policymakers seeking to understand economic trends and make informed decisions.
Methodology
The data is collected through the Australian Bureau of Statistics' Labor Force Survey, a comprehensive household survey conducted each quarter.
Historical Context
Quarterly employment figures are closely monitored by the Reserve Bank of Australia and other government agencies to guide monetary and fiscal policies.
Key Facts
- Australia's total employment reached a record high in Q4 2022.
- The services sector accounts for the largest share of Australian employment.
- The labor force participation rate in Australia is among the highest in the OECD.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the total number of persons employed in Australia on a quarterly basis, with adjustments made to account for seasonal variations in hiring patterns.
Q: Why is this trend relevant for users or analysts?
A: This comprehensive employment metric is a key indicator of the overall health and strength of the Australian labor market, providing valuable insights for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through the Australian Bureau of Statistics' Labor Force Survey, a large-scale household survey conducted each quarter.
Q: How is this trend used in economic policy?
A: Quarterly employment figures are closely monitored by the Reserve Bank of Australia and other government agencies to guide monetary and fiscal policies aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted employment data is published by the Australian Bureau of Statistics with a lag of approximately one month following the end of each quarter.
Related Trends
Leading Indicators OECD: Component Series: Construction: Normalised for Australia
AUSLOCODWNOSTSAM
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Compensation per Unit of Labor Input: Total for Australia
ULQECU01AUQ657S
Sales: Retail Trade: Total Retail Trade: Volume for Australia
SLRTTO01AUQ657S
Infra-Annual Labor Statistics: Unemployment Total: From 55 to 64 Years for Australia
LFUN55TTAUA647N
M3 for Australia
MYAGM3AUM189S
Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Australia
LFEASETTAUQ647S
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (AUSEMPFEMQDSMEI), retrieved from FRED.