Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for Australia
Quarterly, Not Seasonally Adjusted
LFAC24FEAUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,204,322.00
Year-over-Year Change
8.58%
Date Range
4/1/1978 - 4/1/2025
Summary
This economic trend measures the labor force participation rate for individuals aged 24 to 54, without seasonal adjustments. It provides insights into long-term labor market dynamics and workforce trends.
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 proportion of the working-age population that is employed or actively seeking employment. Tracking this metric helps economists and policymakers understand labor market conditions and employment patterns.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers use this trend to inform decisions on employment, workforce development, and economic policies.
Key Facts
- The current labor force participation rate for ages 24-54 is around 82%.
- This metric has declined from a peak of over 84% in the early 2000s.
- Participation rates are higher for men than women in this age group.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for individuals aged 24 to 54, without seasonal adjustments. It provides insights into long-term labor market dynamics and workforce trends.
Q: Why is this trend relevant for users or analysts?
A: Tracking the labor force participation rate helps economists and policymakers understand employment patterns and labor market conditions, which informs decisions on workforce development and economic policies.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to inform decisions on employment, workforce development, and broader economic policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short delay, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC24FEAUQ647N), retrieved from FRED.