Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Luxembourg
Seasonally Adjusted
LFHU24TTLUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,000.00
Year-over-Year Change
0.00%
Date Range
1/1/1983 - 6/1/2025
Summary
The Seasonally Adjusted (LFHU24TTLUM647S) economic trend measures the employment level in the United States, adjusted for typical seasonal variations. This data is a key indicator of 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 seasonally adjusted employment level represents the total number of employed persons, with fluctuations due to regular seasonal patterns removed. Economists and policymakers closely monitor this metric to gauge the strength of the U.S. economy and guide policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The seasonally adjusted employment level is used to analyze labor market trends and inform economic policy.
Key Facts
- The employment level reached a record high in 2019 before the COVID-19 pandemic.
- Seasonal adjustments account for factors like holiday hiring and school schedules.
- The employment level is a key input for calculating the unemployment rate.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted (LFHU24TTLUM647S) trend measures the total number of employed persons in the United States, with adjustments made to remove typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This seasonally adjusted employment data is a crucial indicator of labor market health and the overall strength of the U.S. economy, helping guide policy decisions.
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 seasonally adjusted employment level is used by economists, policymakers, and market analysts to assess labor market trends and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The employment data is released monthly with a typical one-month lag, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (LFHU24TTLUM647S), retrieved from FRED.