Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for Australia
Monthly, Not Seasonally Adjusted
LFAC24FEAUM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,209,440.00
Year-over-Year Change
3.68%
Date Range
2/1/1978 - 5/1/2025
Summary
This economic trend measures the civilian labor force aged 24 years and over. It provides insights into the overall size and participation 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 civilian labor force aged 24 and over represents the population engaged in or actively seeking employment. This metric is a key indicator of labor market dynamics and economic activity.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, economists, and businesses to assess labor market conditions and make informed decisions.
Key Facts
- The U.S. civilian labor force aged 24 and over is currently over 165 million people.
- This trend has shown steady growth over the past decade, reflecting economic expansion.
- The labor force participation rate for this age group is a key economic indicator.
FAQs
Q: What does this economic trend measure?
A: This trend measures the civilian labor force aged 24 years and over, providing insights into the overall size and participation of the U.S. workforce.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor market dynamics and economic activity, closely monitored by policymakers, economists, and businesses to assess labor market conditions and make informed 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.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and businesses to assess labor market conditions and make informed decisions about economic policy and strategy.
Q: Are there update delays or limitations?
A: The data is updated monthly and is subject to the typical publication schedule and potential revisions of the Current Population Survey.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFAC24FEAUM647N), retrieved from FRED.