Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Hungary
Quarterly, Not Seasonally Adjusted
LFHU24TTHUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,333.33
Year-over-Year Change
33.72%
Date Range
1/1/1995 - 4/1/2025
Summary
This economic trend measures the quarterly, not seasonally adjusted unemployment rate in the U.S. It provides important insights into labor market dynamics and is a key indicator for policymakers and analysts.
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 quarterly, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment, without accounting for seasonal fluctuations. This raw, unadjusted data complements the more commonly cited seasonally adjusted unemployment rate.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical metric used by the Federal Reserve, policymakers, and economists to assess the strength of the labor market and broader economic conditions.
Key Facts
- The U.S. unemployment rate averaged 6.1% in Q1 2023.
- Unemployment peaked at 14.7% in April 2020 due to the COVID-19 pandemic.
- The pre-pandemic unemployment rate was 3.5% in February 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted unemployment rate in the United States. It tracks the percentage of the civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical metric used by policymakers, economists, and market participants to assess the strength of the labor market and broader economic conditions. The raw, unadjusted data provides additional insights beyond the more commonly cited seasonally adjusted rate.
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: The unemployment rate is a key indicator monitored by the Federal Reserve and policymakers to inform monetary and fiscal policy decisions. It is also closely watched by economists, investors, and market analysts to gauge the overall health of the labor market and economy.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted unemployment rate data is typically released with a short delay, providing timely insights into labor market dynamics. However, users should be aware that the unadjusted data may be subject to more volatility compared to the seasonally adjusted figures.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHU24TTHUQ647N), retrieved from FRED.