Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Luxembourg
Quarterly, Seasonally Adjusted
LFUN24TTLUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,211.26
Year-over-Year Change
-7.29%
Date Range
1/1/2007 - 1/1/2025
Summary
This series measures the quarterly, seasonally adjusted employment level for the United States. It is a key indicator of the overall health and direction 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
The Quarterly, Seasonally Adjusted employment level tracks the total number of employed persons in the U.S. on a quarterly basis, with seasonal fluctuations removed. This data provides economists and policymakers with a reliable gauge of broader employment trends.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Quarterly employment figures are closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. had over 159 million employed persons in the latest quarter.
- Quarterly employment levels help track the economic recovery from the COVID-19 pandemic.
- Seasonal adjustments remove regular variations like holiday hiring to show underlying trends.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of employed persons in the United States on a quarterly basis, with seasonal factors removed.
Q: Why is this trend relevant for users or analysts?
A: Quarterly employment data is a key indicator of the overall health and direction of the labor market, which is crucial for economic policymaking and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Quarterly employment figures are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFUN24TTLUQ647S), retrieved from FRED.