Infra-Annual Labor Statistics: Unemployment Male: From 15 to 24 Years for Australia
Monthly, Seasonally Adjusted
LFUN24MAAUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136,680.40
Year-over-Year Change
6.28%
Date Range
2/1/1978 - 6/1/2025
Summary
This series measures the monthly, seasonally adjusted unemployment rate for the civilian noninstitutional population aged 24 to 54 in the United States. It is a key indicator of labor market conditions and economic health.
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 unemployment rate represents the percentage of the civilian labor force that is jobless. This specific series focuses on the prime working-age population, providing insight into core employment trends. Economists and policymakers closely monitor this metric to assess the strength of the U.S. economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The prime-age unemployment rate is used to inform monetary and fiscal policy decisions, as well as to analyze labor market dynamics and macroeconomic performance.
Key Facts
- The prime-age unemployment rate was 3.3% in June 2022.
- The rate has declined significantly from its pandemic peak of 13.0% in April 2020.
- Women in the 24-54 age group have had a slightly higher unemployment rate than men in recent years.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly, seasonally adjusted unemployment rate for the civilian noninstitutional population aged 24 to 54 in the United States.
Q: Why is this trend relevant for users or analysts?
A: The prime-age unemployment rate is a key indicator of labor market conditions and overall economic health, providing insight into the strength of the core working-age population.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The prime-age unemployment rate is used to inform monetary and fiscal policy decisions, as well as to analyze labor market dynamics and macroeconomic performance.
Q: Are there update delays or limitations?
A: The data is released monthly with a brief lag, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LFUN24MAAUM647S), retrieved from FRED.