Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for G7
Monthly, Seasonally Adjusted
G7LFHU24MASTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,651,300.00
Year-over-Year Change
5.55%
Date Range
1/1/2004 - 5/1/2025
Summary
The 'Monthly, Seasonally Adjusted' economic trend measures the unemployment rate in the United States. This key labor market indicator provides important insights into the overall health of the economy.
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 series represents the seasonally adjusted monthly unemployment rate, published by the U.S. Bureau of Labor Statistics. The unemployment rate is a widely followed metric that reflects the percentage of the civilian labor force that is jobless but actively seeking employment.
Methodology
The unemployment rate is calculated based on a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor the unemployment rate to assess labor market conditions and inform economic and monetary policy decisions.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has averaged around 5-6% in the U.S. over the past decade.
- Declining unemployment is generally viewed as a sign of economic expansion and strengthening labor demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally adjusted monthly unemployment rate in the United States, representing the percentage of the civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market conditions and the overall health of the economy, making it an important metric for policymakers, economists, and market participants to monitor.
Q: How is this data collected or calculated?
A: The unemployment rate is calculated based on a monthly household 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: Policymakers and central banks closely monitor the unemployment rate to assess labor market conditions and inform economic and monetary policy decisions, such as interest rate adjustments.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly by the Bureau of Labor Statistics, with a typical release delay of a few weeks following the reference month.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Female: From 25 to 54 Years for G7
G7LREM25FESTQ
Infra-Annual Labor Statistics: Unemployment Female: 15 Years or over for G7
G7LFUNTTFESTQ
Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for G7
G7LFEM24MAGPQ
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for G7
G7LFEAINTTSTQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for G7
G7LRHUTTFESTM
Infra-Annual Labor Statistics: Working-Age Population Male: From 55 to 64 Years for G7
G7LFWA55MASTSAQ
Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (G7LFHU24MASTSAM), retrieved from FRED.