Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Australia
Monthly, Not Seasonally Adjusted
LFHU24TTAUM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
241,728.90
Year-over-Year Change
12.57%
Date Range
2/1/1978 - 6/1/2025
Summary
This economic trend measures the total employment level in the U.S. manufacturing sector on a monthly basis, without seasonal adjustment. It provides important insights into the health and performance of the manufacturing industry.
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 'Monthly, Not Seasonally Adjusted' manufacturing employment series tracks the total number of people employed in the U.S. manufacturing sector, reported on a monthly basis without adjusting for seasonal variations. This raw data allows economists to analyze underlying trends and patterns in the manufacturing labor market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is a key indicator used by policymakers, analysts, and businesses to assess the state of the manufacturing economy.
Key Facts
- U.S. manufacturing employed over 12.8 million workers as of 2022.
- Manufacturing output accounts for about 11% of the U.S. GDP.
- The sector has seen a decline in employment over the past decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the U.S. manufacturing sector on a monthly basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The raw, non-seasonally adjusted manufacturing employment data provides important insights into the underlying performance and health of the U.S. manufacturing industry, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This manufacturing employment trend is closely monitored by policymakers, economists, and businesses to assess the state of the manufacturing sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHU24TTAUM647N), retrieved from FRED.