Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Canada
Quarterly, Not Seasonally Adjusted
LREM24FECAQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.50
Year-over-Year Change
-11.48%
Date Range
1/1/1976 - 4/1/2025
Summary
This economic trend measures the unemployment rate for the U.S. adult population. It provides crucial insights into the overall health and performance 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, Not Seasonally Adjusted unemployment rate tracks the percentage of the civilian labor force that is without a job but actively seeking employment. This key indicator is closely monitored by policymakers, economists, and investors to assess economic conditions and guide policy decisions.
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 unemployment rate is a critical input for Federal Reserve monetary policy and helps shape the economic outlook.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The civilian labor force in the U.S. was approximately 164 million people as of 2022.
- The Federal Reserve considers the unemployment rate a key factor in its decisions on interest rates and monetary policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian labor force in the U.S. that is unemployed and actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the overall health of the labor market and the broader economy, and is closely watched by policymakers, economists, and investors.
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 unemployment rate is a key input for Federal Reserve monetary policy decisions, as it helps shape the central bank's economic outlook and inform its actions on interest rates and other tools.
Q: Are there update delays or limitations?
A: The unemployment rate data is published on a quarterly basis with a brief delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM24FECAQ156N), retrieved from FRED.