Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Hungary
Monthly, Seasonally Adjusted
LFHU24TTHUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,000.00
Year-over-Year Change
-8.89%
Date Range
1/1/1995 - 6/1/2025
Summary
The 'Monthly, Seasonally Adjusted' series measures the total unemployment rate in the United States. This key economic indicator provides insights into the overall health of the labor market.
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
This series tracks the monthly unemployment rate for the total civilian non-institutional population in the U.S. It is a crucial metric used by economists, policymakers, and market analysts to assess economic conditions and inform decision-making.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other institutions to guide monetary and fiscal policies.
Key Facts
- The current U.S. unemployment rate is 3.7%.
- The unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate is one of the key measures of economic health.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' series measures the total unemployment rate in the United States, providing insights into the overall labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial economic indicator used by policymakers, economists, and market participants to assess the health of the labor market and inform decision-making.
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: The unemployment rate is closely monitored by the Federal Reserve and other institutions to guide monetary and fiscal policies aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly with a relatively short delay, providing timely insights into the labor market conditions.
Related Trends
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Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Hungary
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LFHU24TTHUM647S), retrieved from FRED.