Infra-Annual Labor Statistics: Inactivity Rate Total: From 55 to 64 Years for Australia
Quarterly, Seasonally Adjusted
LRIN55TTAUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.54
Year-over-Year Change
-0.38%
Date Range
4/1/1978 - 4/1/2025
Summary
This series measures the quarterly, seasonally adjusted Labor Participation Rate in the United States. It is a key economic indicator used to assess labor market health and trends in the working-age population.
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 Participation Rate tracks the proportion of the civilian noninstitutional population aged 16 and older who are either employed or actively seeking work. It provides insight into the overall size and composition of the U.S. labor force.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The Labor Participation Rate is closely monitored by policymakers, economists, and market analysts to gauge the strength of the U.S. economy and inform employment, fiscal, and monetary policies.
Key Facts
- The U.S. labor participation rate peaked at 67.3% in early 2000.
- The rate declined during the Great Recession, reaching a low of 62.4% in 2015.
- As of 2022, the labor participation rate stands at 62.2%.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Labor Participation Rate measures the proportion of the civilian noninstitutional population aged 16 and older who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor participation rate is a key indicator of the overall strength of the U.S. labor market and economy. It provides insights into the size and composition of the workforce, which informs economic policies and business decision-making.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor participation rate is closely monitored by policymakers, economists, and market analysts to gauge the strength of the U.S. economy and inform employment, fiscal, and monetary policies.
Q: Are there update delays or limitations?
A: The labor participation rate data is published monthly with a one-month lag, providing timely information on the state of the U.S. labor market.
Related Trends
Infra-Annual Labor Statistics: Working-Age Population Female: From 25 to 54 Years for Australia
LFWA25FEAUA647S
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AUSB6FATT01NCCUQ
Amount Outstanding of Domestic Money Market instruments in Financial Corporations Sector, Short-Term at Original Maturity, Residence of Issuer in Australia
DMMISTRIAOFCAU
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LRUN25MAAUA156N
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRIN55TTAUQ156S), retrieved from FRED.