Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Australia
Quarterly, Not Seasonally Adjusted
LFWA64TTAUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,853,950.00
Year-over-Year Change
7.21%
Date Range
1/1/1978 - 1/1/2025
Summary
This economic trend measures the U.S. civilian labor force participation rate on a quarterly, not seasonally adjusted basis. It provides insight into long-term labor market trends.
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 labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking work. It is a key metric for economists and policymakers to assess the health and utilization of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Labor force participation is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- Participation has declined from 66% in 2008 to 62.3% in 2022.
- Women's participation rate is lower than men's (56.8% vs. 67.5% in 2022).
FAQs
Q: What does this economic trend measure?
A: This metric measures the percentage of the civilian non-institutional population that is employed or actively seeking work in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of labor market health and utilization, providing important context for employment, unemployment, and economic growth trends.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor the labor force participation rate to inform monetary and fiscal policy decisions aimed at promoting maximum employment and price stability.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted labor force participation rate data is published with a lag of approximately two months after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFWA64TTAUQ647N), retrieved from FRED.