Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Australia
LFEAICTTAUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,706,963.00
Year-over-Year Change
7.88%
Date Range
1/1/1964 - 4/1/2025
Summary
This economic trend measures total employment across all industries, including construction, in Australia on an infra-annual basis. It provides important insights into the country's labor market dynamics and overall economic activity.
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 Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Australia series tracks employment levels across a broad range of economic sectors in Australia. This high-frequency data is a key indicator used by policymakers and analysts to assess the health and direction of the Australian economy.
Methodology
The data is collected through surveys of Australian businesses and households.
Historical Context
This employment trend is closely watched by the Reserve Bank of Australia and other government agencies to inform economic and labor market policies.
Key Facts
- Australia's total employment level reached a record high in 2022.
- The construction industry is a major contributor to Australia's total employment.
- Employment trends often vary significantly across different Australian states and territories.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment across all industries, including construction, in Australia on an infra-annual basis.
Q: Why is this trend relevant for users or analysts?
A: This high-frequency employment data is a key indicator used by policymakers and analysts to assess the health and direction of the Australian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Australian businesses and households.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by the Reserve Bank of Australia and other government agencies to inform economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, providing more frequent updates than annual employment figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Australia (LFEAICTTAUQ647N), retrieved from FRED.