Quarterly, Not Seasonally Adjusted
LFHU24FEO1Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,967,000.00
Year-over-Year Change
-20.68%
Date Range
1/1/2005 - 7/1/2017
Summary
This quarterly, not seasonally adjusted economic trend measures the unemployment rate among Hispanic or Latino populations in the United States. Understanding unemployment trends by demographic is crucial for policymakers and economists assessing the 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
The Hispanic or Latino unemployment rate is a key indicator of economic inclusion and opportunity for a major segment of the U.S. population. Analysts use this data to evaluate the relative performance and labor force participation of Hispanic and Latino workers compared to other demographic groups.
Methodology
This data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and central banks monitor this and related unemployment measures to inform decisions on monetary, fiscal, and labor market policies.
Key Facts
- The Hispanic/Latino unemployment rate was 3.8% in Q4 2022.
- This rate has declined from a pandemic high of 18.5% in Q2 2020.
- Hispanics/Latinos comprise over 18% of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted unemployment rate specifically among the Hispanic or Latino population in the United States.
Q: Why is this trend relevant for users or analysts?
A: Understanding unemployment for different demographic groups is crucial for assessing labor market health and guiding policies to promote economic inclusion.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor this and related unemployment measures to inform decisions on monetary, fiscal, and labor market policies.
Q: Are there update delays or limitations?
A: This quarterly, not seasonally adjusted data has a typical release lag of 1-2 months after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHU24FEO1Q647N), retrieved from FRED.