Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Hungary

Quarterly, Not Seasonally Adjusted

LFUN24TTHUQ647N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

40,200.00

Year-over-Year Change

37.20%

Date Range

4/1/1998 - 1/1/2025

Summary

This trend measures the unemployment rate in the United States on a quarterly, non-seasonally adjusted basis. It provides a clear picture of the underlying employment conditions across the economy.

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 in the U.S. that is jobless. This unadjusted figure offers a more transparent view of the actual employment situation, complementing the seasonally adjusted unemployment data.

Methodology

The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.

Historical Context

Policymakers and analysts use this metric to gauge the health of the labor market and inform economic decision-making.

Key Facts

  • The unemployment rate averaged 5.3% in 2022 Q4.
  • The rate reached a high of 14.7% in 2020 Q2 due to the COVID-19 pandemic.
  • Unemployment is a key indicator of economic performance and consumer confidence.

FAQs

Q: What does this economic trend measure?

A: This trend measures the percentage of the civilian labor force in the United States that is jobless on a quarterly, non-seasonally adjusted basis.

Q: Why is this trend relevant for users or analysts?

A: The unadjusted unemployment rate provides a transparent view of the underlying employment conditions, which is valuable for policymakers and economists analyzing the health of the labor market.

Q: How is this data collected or calculated?

A: The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to gauge the health of the labor market and inform economic decision-making, such as monetary and fiscal policy.

Q: Are there update delays or limitations?

A: The data is released quarterly, with a slight delay, and may not fully capture seasonal employment patterns due to the non-seasonally adjusted nature of the metric.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFUN24TTHUQ647N), retrieved from FRED.