Unemployment Rate - 16-17 Yrs.

Not Seasonally Adjusted

LNU04000086 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

16.60

Year-over-Year Change

28.68%

Date Range

1/1/1948 - 7/1/2025

Summary

The 'Not Seasonally Adjusted' series measures the civilian labor force participation rate without adjusting for seasonal variations. This provides a raw view of labor market activity important for economic analysis and policy.

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 'Not Seasonally Adjusted' labor force participation rate represents the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work. This unadjusted metric offers insight into underlying labor market trends.

Methodology

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

Historical Context

Policymakers and analysts use this unadjusted participation rate to inform decisions on employment, wages, and broader economic conditions.

Key Facts

  • The not seasonally adjusted participation rate was 62.1% in May 2023.
  • This metric has declined from a high of 67.3% in early 2000.
  • The unadjusted rate tends to be more volatile than the seasonally adjusted version.

FAQs

Q: What does this economic trend measure?

A: The 'Not Seasonally Adjusted' series tracks the percentage of the civilian population aged 16 and over that is employed or actively seeking work, without any seasonal adjustments.

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

A: The unadjusted participation rate offers a raw view of labor market activity, which is important for understanding underlying economic trends and informing 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. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use the unadjusted participation rate to assess employment conditions, wage pressures, and broader economic performance.

Q: Are there update delays or limitations?

A: The not seasonally adjusted data is published monthly with the same release schedule as the overall employment situation report.

Related Trends

Citation

U.S. Federal Reserve, Not Seasonally Adjusted (LNU04000086), retrieved from FRED.