Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Hungary
Quarterly, Seasonally Adjusted
LFHU24TTHUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40,666.67
Year-over-Year Change
37.08%
Date Range
1/1/1995 - 4/1/2025
Summary
This series measures the quarterly, seasonally adjusted unemployment rate for the U.S. Hispanic or Latino population. It provides crucial insights into labor market trends and informs economic and policy decisions.
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, Seasonally Adjusted unemployment rate for the U.S. Hispanic or Latino population is an essential economic indicator that tracks joblessness within this demographic. It is widely used by economists, policymakers, and analysts to assess the overall health of the labor market and identify disparities in employment outcomes.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policies.
Key Facts
- The Hispanic or Latino unemployment rate is typically higher than the national average.
- Unemployment rates tend to be more volatile for the Hispanic or Latino population.
- Economic conditions and policies can have a disproportionate impact on Hispanic or Latino employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted unemployment rate for the U.S. Hispanic or Latino population.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into the labor market conditions and employment outcomes for the Hispanic or Latino demographic, which is essential for economic analysis and policymaking.
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: This trend is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policies aimed at promoting full employment and addressing labor market disparities.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay to allow for seasonal adjustments. There may be sampling and estimation limitations inherent to household surveys.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHU24TTHUQ647S), retrieved from FRED.