Harmonised Unemployment - Monthly Rates: Aged 15-24: Females for the Euro Area (19 Countries)
Quarterly, Seasonally Adjusted
LRHU24FEEZQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.23
Year-over-Year Change
-13.21%
Date Range
1/1/1995 - 10/1/2022
Summary
This economic trend measures quarterly, seasonally adjusted unemployment levels in the United States. It provides valuable insights into the overall health of the labor market and helps policymakers and analysts assess employment conditions.
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 Quarterly, Seasonally Adjusted unemployment data tracks the number of unemployed individuals in the U.S. on a quarterly basis, with adjustments made to account for seasonal fluctuations. This metric is a key indicator used by economists and policymakers to evaluate the strength of the economy and make informed decisions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly household surveys.
Historical Context
This trend is widely used by the Federal Reserve, government agencies, and private sector analysts to inform economic policy and investment decisions.
Key Facts
- The data is reported on a quarterly basis.
- Seasonal adjustments help account for predictable fluctuations.
- The trend provides a comprehensive view of the U.S. labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unemployed individuals in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly, Seasonally Adjusted unemployment data is a crucial indicator of the overall health of the labor market and the broader economy, providing valuable insights for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly household surveys, with seasonal adjustments applied to the quarterly figures.
Q: How is this trend used in economic policy?
A: The Quarterly, Seasonally Adjusted unemployment data is widely used by the Federal Reserve, government agencies, and private sector analysts to inform economic policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical lag of several weeks between the end of the quarter and the release of the updated figures.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHU24FEEZQ156S), retrieved from FRED.