Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Luxembourg
Seasonally Adjusted
LFHU24FELUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,000.00
Year-over-Year Change
0.00%
Date Range
1/1/1983 - 6/1/2025
Summary
The Seasonally Adjusted unemployment rate measures the percentage of the total labor force that is unemployed, adjusted for seasonal variations. This key economic indicator is closely watched by policymakers and analysts to assess the health of the job 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
The Seasonally Adjusted unemployment rate is a widely used metric that captures the underlying trend in unemployment, excluding temporary or seasonal fluctuations. It provides a more accurate representation of labor market conditions compared to the raw, unadjusted data.
Methodology
The U.S. Bureau of Labor Statistics collects survey data on employment and unemployment, then applies statistical adjustments to account for regular seasonal patterns.
Historical Context
The Seasonally Adjusted unemployment rate is a crucial input for economic analysis and policymaking, helping to guide decisions on monetary policy, fiscal stimulus, and other interventions.
Key Facts
- The unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest Seasonally Adjusted unemployment rate on record was 3.5% in 2019.
- Long-term unemployment, defined as 27 weeks or more, is a key focus for policymakers.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted unemployment rate measures the percentage of the total labor force that is unemployed, with adjustments made to account for regular seasonal patterns in employment.
Q: Why is this trend relevant for users or analysts?
A: The Seasonally Adjusted unemployment rate is a crucial indicator of labor market health and a key input for economic analysis and policymaking decisions.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects survey data on employment and unemployment, then applies statistical adjustments to account for regular seasonal patterns.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted unemployment rate is closely monitored by policymakers, central banks, and economists to assess the state of the economy and inform decisions on monetary policy, fiscal stimulus, and other interventions.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted unemployment rate is typically released monthly by the U.S. Bureau of Labor Statistics, with a short lag time. The data may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (LFHU24FELUM647S), retrieved from FRED.