Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Luxembourg
Annual, Seasonally Adjusted
LFHU24MALUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,500.00
Year-over-Year Change
110.00%
Date Range
1/1/1983 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted unemployment rate for males aged 24 and under in the United States. It provides important insights into labor market dynamics and is closely watched by economists and policymakers.
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 annual, seasonally adjusted unemployment rate for males aged 24 and under is a key indicator of labor market conditions, particularly for younger workers. It helps analysts understand trends in job availability, workforce participation, and economic opportunities for this demographic.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This trend is widely used to inform economic and workforce development policies.
Key Facts
- The current annual, seasonally adjusted unemployment rate for males aged 24 and under is X.X%.
- This rate has decreased/increased by Y.Y percentage points over the past Z years.
- Young male workers represent an important segment of the U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted unemployment rate for males aged 24 and under in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into labor market conditions and opportunities for younger male workers, which is crucial information for economists, policymakers, and workforce development professionals.
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 trend is widely used to inform economic and workforce development policies, as it helps identify employment challenges and opportunities for younger male workers.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-month lag. There may be limitations in sample size or survey coverage for certain geographic regions or demographic groups.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHU24MALUA647S), retrieved from FRED.