Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Australia
Persons, Monthly, Seasonally Adjusted
LFEMTTMAAUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,601,022.00
Year-over-Year Change
1.54%
Date Range
1/1/1978 - 6/1/2025
Summary
The 'Persons, Monthly, Seasonally Adjusted' data series tracks the total civilian labor force participation rate in the United States. This key economic indicator provides insights into the size and engagement of the working-age population in the 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
This monthly series represents the percentage of the civilian noninstitutional population aged 16 and older who are either employed or actively seeking work. It is a widely followed metric that economists and policymakers use to assess the strength and utilization of the U.S. workforce.
Methodology
The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
Labor force participation rates are crucial for understanding employment trends, economic growth, and the overall health of the job market.
Key Facts
- The U.S. labor force participation rate was 62.4% as of the latest monthly data.
- Participation rates have declined from a peak of 67.3% in 2000.
- Demographic shifts, such as an aging population, have contributed to the long-term decrease in labor force participation.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Monthly, Seasonally Adjusted' series tracks the percentage of the civilian noninstitutional population aged 16 and older who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: Labor force participation is a key indicator of the strength and utilization of the U.S. workforce, providing insights into employment trends, economic growth, and the overall health of the job market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force participation rates to assess the state of the economy and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two weeks from the reference period.
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Citation
U.S. Federal Reserve, Persons, Monthly, Seasonally Adjusted (LFEMTTMAAUM647S), retrieved from FRED.