Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Austria

Monthly, Not Seasonally Adjusted

LFHU24TTATM647N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

69,000.00

Year-over-Year Change

53.33%

Date Range

1/1/1994 - 6/1/2025

Summary

This series measures the monthly civilian labor force participation rate for the United States on a non-seasonally adjusted basis. It provides insights into workforce trends and labor market dynamics.

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 noninstitutional population that is employed or actively seeking employment. It is a key indicator of the size and composition of the U.S. labor force and workforce engagement.

Methodology

The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.

Historical Context

Policymakers and economists analyze this trend to understand labor market conditions and inform economic and employment policies.

Key Facts

  • The non-seasonally adjusted labor force participation rate was 62.2% in April 2023.
  • Participation rates tend to be lower during economic downturns and higher during periods of growth.
  • The labor force participation rate peaked at 67.3% in April 2000.

FAQs

Q: What does this economic trend measure?

A: This series measures the percentage of the civilian noninstitutional population that is employed or actively seeking employment, on a monthly basis without seasonal adjustments.

Q: Why is this trend relevant for users or analysts?

A: The labor force participation rate is a key indicator of workforce engagement and labor market dynamics, providing insights that are useful for policymakers, economists, and labor market analysts.

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.

Q: How is this trend used in economic policy?

A: Policymakers and economists analyze this trend to understand labor market conditions and inform economic and employment policies, such as decisions around interest rates, workforce development initiatives, and labor market interventions.

Q: Are there update delays or limitations?

A: The labor force participation rate data is released monthly, with a short delay, and provides a comprehensive view of the U.S. civilian labor force.

Related Trends

Citation

U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHU24TTATM647N), retrieved from FRED.