Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for G7
Monthly, Seasonally Adjusted
G7LFHU24TTSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,692,500.00
Year-over-Year Change
5.75%
Date Range
1/1/1991 - 5/1/2025
Summary
The Monthly, Seasonally Adjusted trend measures the total employment level in the United States. It is a key economic indicator used by policymakers and analysts to assess the overall health of the labor market.
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 total number of people employed in the U.S., adjusted for seasonal variations. It provides a broad overview of the current state of the labor force and is closely monitored by economists to gauge economic performance and guide policy decisions.
Methodology
The data is collected through surveys of U.S. households by the Bureau of Labor Statistics.
Historical Context
The employment trend is a vital input for the Federal Reserve and other policymakers when evaluating the need for adjustments to monetary and fiscal policies.
Key Facts
- The U.S. has over 150 million employed individuals.
- Employment levels fluctuate with the business cycle.
- Strong employment is a sign of economic expansion.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted trend measures the total number of people employed in the United States. It provides a comprehensive overview of the current state of the labor market.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is a crucial economic indicator that is closely watched by policymakers, businesses, and analysts to gauge the overall health of the economy and inform decision-making.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. households conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment trend is a vital input for the Federal Reserve and other policymakers when evaluating the need for adjustments to monetary and fiscal policies to support economic growth and stability.
Q: Are there update delays or limitations?
A: The employment data is published monthly with a brief delay, providing timely information on the state of the labor market.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (G7LFHU24TTSTSAM), retrieved from FRED.