Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Australia
Quarterly, Not Seasonally Adjusted
LFHUTTTTAUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
631,083.10
Year-over-Year Change
19.16%
Date Range
1/1/1964 - 4/1/2025
Summary
This economic trend measures the U.S. civilian labor force participation rate on a quarterly, not seasonally adjusted basis. It provides insight into the overall 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
The civilian labor force participation rate represents the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. It is a key indicator of the health and utilization of the U.S. workforce.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and market analysts to assess labor market conditions and inform economic and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate averaged 62.1% in 2022.
- Participation rates are typically higher for men than women.
- The rate declined significantly during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and utilization of the U.S. workforce, providing insight into overall labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by policymakers, economists, and market analysts to assess labor market conditions and inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a delay of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHUTTTTAUQ647N), retrieved from FRED.