Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Canada
Monthly, Seasonally Adjusted
LFHU24MACAM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
264,800.00
Year-over-Year Change
4.42%
Date Range
1/1/1976 - 7/1/2025
Summary
This economic indicator measures the monthly civilian labor force participation rate, seasonally adjusted, for the United States. It is a key statistic used by policymakers and analysts to gauge the strength and availability of the U.S. labor force.
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 labor force participation rate represents the percentage of the civilian noninstitutional population aged 16 and over who are either employed or actively seeking work. It is a crucial metric for understanding labor market dynamics and the underlying health of the broader economy.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is closely monitored by the Federal Reserve and other policymakers as they evaluate economic conditions and make decisions about monetary policy.
Key Facts
- The U.S. labor force participation rate was 62.4% as of the latest data.
- The participation rate has declined from a peak of 67.3% in 2000.
- Participation tends to be lower during economic recessions.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of the civilian noninstitutional population aged 16 and over who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial metric for understanding the strength and availability of the U.S. labor force, which is a key driver of economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, 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: The labor force participation rate is closely monitored by the Federal Reserve and other policymakers as they evaluate economic conditions and make decisions about monetary policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short delay, making it a timely indicator of labor market trends.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LFHU24MACAM647S), retrieved from FRED.