Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Australia
LFAC25TTAUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,878,379.00
Year-over-Year Change
3.20%
Date Range
2/1/1978 - 4/1/2025
Summary
This trend measures the total labor force in Australia for individuals aged 25 to 54 years. It provides valuable insights into workforce participation and labor market dynamics for a key demographic segment.
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 Total: From 25 to 54 Years for Australia represents the total number of individuals aged 25 to 54 who are actively participating in the Australian labor market. This metric is used by economists and policymakers to analyze workforce trends and labor market conditions within a prime working-age population.
Methodology
The data is collected through household surveys conducted by the Australian Bureau of Statistics.
Historical Context
This trend is closely monitored by government agencies, central banks, and economic analysts to inform labor market policies and economic forecasting.
Key Facts
- The labor force aged 25-54 accounts for a significant portion of the total Australian workforce.
- Trends in this age group are closely tied to economic growth and productivity.
- Monitoring this metric helps policymakers understand labor market dynamics and employment patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor force in Australia for individuals aged 25 to 54 years, providing insights into workforce participation and labor market dynamics for a key demographic segment.
Q: Why is this trend relevant for users or analysts?
A: This trend is highly relevant for economists, policymakers, and analysts as it helps them understand workforce participation and labor market conditions within a prime working-age population, which is crucial for informing economic policies and forecasting.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by government agencies, central banks, and economic analysts to inform labor market policies and economic forecasting.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Australian Bureau of Statistics, but there may be some delays in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Australia (LFAC25TTAUM647S), retrieved from FRED.