Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Australia
Quarterly, Not Seasonally Adjusted
LREM24MAAUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.34
Year-over-Year Change
-1.47%
Date Range
4/1/1978 - 4/1/2025
Summary
This economic trend measures the labor force participation rate for the U.S. population aged 24 to 34 on a quarterly, not seasonally adjusted basis. It provides insights into workforce dynamics and labor market 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 labor force participation rate represents the percentage of the civilian non-institutional population aged 24 to 34 that is either employed or actively seeking employment. This key economic indicator is used to analyze workforce trends and labor market conditions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
The labor force participation rate is widely tracked by policymakers, economists, and market analysts to assess the health and growth of the U.S. economy.
Key Facts
- The labor force participation rate for 24-34 year olds was 82.7% in Q4 2022.
- The rate has declined from a high of 83.4% in Q1 2019.
- Participation remains below pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional population aged 24 to 34 that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of workforce dynamics and labor market conditions, providing insights into the health and growth of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: The labor force participation rate is widely tracked by policymakers, economists, and market analysts to assess the state of the U.S. labor market and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM24MAAUQ156N), retrieved from FRED.