Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Canada
Quarterly, Seasonally Adjusted
LFHU24MACAQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
248,700.00
Year-over-Year Change
47.80%
Date Range
1/1/1976 - 4/1/2025
Summary
This trend measures the quarterly, seasonally adjusted civilian labor force participation rate in the United States. It is a key economic indicator used by policymakers to assess labor market conditions.
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 civilian labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This metric provides insight into the overall size and engagement of the working-age population in the labor market.
Methodology
The data is collected through the Current Population 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 economic policymakers to help guide decisions on interest rates and other macroeconomic policies.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for older workers and those with disabilities.
- Changes in the participation rate can affect unemployment and inflation measures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional population that is either employed or actively seeking employment in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall health and engagement of the working-age population in the labor market, providing important insights for economic policymakers and analysts.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor the labor force participation rate to help guide decisions on interest rates and other macroeconomic policies that impact employment and inflation.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately one month, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHU24MACAQ647S), retrieved from FRED.