Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Austria
Quarterly, Seasonally Adjusted
LFHU24MAATQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,000.00
Year-over-Year Change
22.89%
Date Range
1/1/1994 - 4/1/2025
Summary
This quarterly, seasonally adjusted series measures the unemployment rate for the population aged 24 and under in the United States. It is a key economic indicator for monitoring youth employment trends.
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 rate for ages 24 and under provides important insights into the labor market conditions for younger workers. Economists and policymakers analyze this metric to understand employment challenges and develop effective policies.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This unemployment rate is used to inform economic and workforce development policies.
Key Facts
- The youth unemployment rate is typically higher than the overall unemployment rate.
- Stable youth employment is a key indicator of a healthy economy.
- Lowering youth unemployment is a priority for many governments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted unemployment rate for the population aged 24 and under in the United States.
Q: Why is this trend relevant for users or analysts?
A: The youth unemployment rate is a crucial indicator of labor market conditions and economic opportunities for younger workers. Monitoring this metric helps policymakers develop effective strategies to support employment and workforce development.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This unemployment rate for the 24 and under population is used to inform economic and workforce development policies aimed at improving employment opportunities and outcomes for younger workers.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with some potential for slight delays in publication.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHU24MAATQ647S), retrieved from FRED.