Infra-Annual Labor Statistics: Employees Total for Australia
Annual, Not Seasonally Adjusted
LFESEETTAUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,138,950.00
Year-over-Year Change
29.17%
Date Range
1/1/1966 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment-to-population ratio for the United States. It provides insight into the overall strength of the labor market and workforce participation.
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 employment-to-population ratio tracks the proportion of the total civilian noninstitutional population that is employed. This key indicator is used by economists and policymakers to assess labor market conditions and trends in workforce engagement.
Methodology
This data is collected by the U.S. Bureau of Labor Statistics through monthly household surveys.
Historical Context
The employment-to-population ratio is an important metric for evaluating the health of the economy and guiding economic and employment policies.
Key Facts
- The U.S. employment-to-population ratio averaged 59.1% in 2022.
- The ratio reached a high of 64.7% in 2000 and a low of 56.8% in 2020 during the COVID-19 pandemic.
- Changes in the employment-to-population ratio can signal shifts in labor force participation and job market dynamics.
FAQs
Q: What does this economic trend measure?
A: The annual, not seasonally adjusted employment-to-population ratio tracks the proportion of the total civilian noninstitutional population that is employed.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a key indicator used by economists and policymakers to assess the overall strength of the labor market and workforce participation.
Q: How is this data collected or calculated?
A: This data is collected by the U.S. Bureau of Labor Statistics through monthly household surveys.
Q: How is this trend used in economic policy?
A: The employment-to-population ratio is an important metric for evaluating the health of the economy and guiding economic and employment policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFESEETTAUA647N), retrieved from FRED.