Infra-Annual Labor Statistics: Working-Age Population Male: From 25 to 54 Years for Australia
LFWA25MAAUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,600,209.00
Year-over-Year Change
7.58%
Date Range
4/1/1978 - 1/1/2025
Summary
This economic trend measures the working-age population of males aged 25 to 54 in Australia. It provides insights into the size and composition of the labor force, which is crucial for economic policymakers and labor market analysts.
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 working-age population is a key indicator of the potential labor supply in an economy. This specific trend focuses on the male population aged 25 to 54, which represents a core segment of the working-age demographic. Analyzing this data can help identify labor market trends and inform workforce development policies.
Methodology
The data is collected through household surveys conducted by the Australian Bureau of Statistics.
Historical Context
This trend is used by policymakers, economists, and labor market analysts to understand the dynamics of the Australian workforce and labor force participation.
Key Facts
- The working-age population of males aged 25-54 in Australia was 5.6 million in 2022.
- This demographic represents over 40% of the total working-age population in Australia.
- The trend has shown steady growth over the past decade, reflecting broader population and labor force dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the size of the working-age population of males aged 25 to 54 in Australia. It provides insights into the potential labor force supply in the country.
Q: Why is this trend relevant for users or analysts?
A: The working-age population is a crucial indicator for understanding labor market dynamics and informing workforce development policies. This specific trend on the male 25-54 age group is particularly relevant for analyzing the core segment of the Australian labor force.
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: Policymakers, economists, and labor market analysts use this trend to understand the dynamics of the Australian workforce and labor force participation, which informs policies related to employment, workforce development, and economic planning.
Q: Are there update delays or limitations?
A: The data is updated on a regular schedule by the Australian Bureau of Statistics, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Male: From 25 to 54 Years for Australia (LFWA25MAAUQ647S), retrieved from FRED.