Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Australia
LRIN64TTAUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.41
Year-over-Year Change
-5.07%
Date Range
4/1/1978 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Australia measures the percentage of the working-age population in Australia that is not employed or seeking employment. This metric provides insight into labor force participation and utilization.
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
This indicator represents the share of the working-age population in Australia that is not actively engaged in the labor market, either through employment or job-seeking. It is a useful measure of labor market slack and potential for increased economic activity.
Methodology
The data is collected through national labor force surveys conducted by the Australian Bureau of Statistics.
Historical Context
The inactivity rate is monitored by policymakers and analysts to assess labor market health and inform economic and social policies.
Key Facts
- The inactivity rate in Australia was 21.5% as of the latest data.
- Australia's inactivity rate has declined from over 23% in the early 2000s.
- Inactivity is higher among women than men in the 15-64 age group in Australia.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Australia measures the percentage of the working-age population that is not employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This inactivity rate provides insight into labor force participation and the degree of labor market slack, which are important considerations for policymakers and economists analyzing the health of the Australian economy.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: The inactivity rate is monitored by policymakers to assess labor market conditions and inform economic and social policies aimed at increasing employment and labor force participation.
Q: Are there update delays or limitations?
A: The inactivity rate data is published on an infra-annual basis, with some potential for delays in data collection and reporting.
Related Trends
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 25 to 54 Years for Australia
LFIN25MAAUQ647S
Leading Indicators OECD: Component Series: Terms of Trade: Normalised for Australia
AUSLOCOTTNOSTSAM
Fiscal Situation of General Government: Gross Debt Position for Australia
AUSGGXWDGG01GDPPT
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Australia
AUSCP040500IXOBQ
Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for Australia
LFEM24MAAUQ647N
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for Australia
LFUN64MAAUA647N
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Australia (LRIN64TTAUQ156S), retrieved from FRED.