Employment Rate: Aged 15-24: All Persons for the European Union
Annual, Not Seasonally Adjusted
LREM24TTEUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.73
Year-over-Year Change
-3.90%
Date Range
1/1/2005 - 1/1/2019
Summary
This trend measures the annual, not seasonally adjusted employment rate in the U.S. It provides insight into long-term workforce trends that are important for economic and labor market analysis.
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 annual, not seasonally adjusted employment rate tracks the percentage of the total civilian population aged 16 and over that is employed. This broad metric is used to assess long-term labor market conditions and workforce participation.
Methodology
The data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Historical Context
The employment rate is a key economic indicator monitored by policymakers, analysts, and businesses.
Key Facts
- The U.S. annual employment rate averaged 59.1% from 2010 to 2020.
- Employment rates tend to decline during economic recessions.
- Tracking long-term employment trends is critical for workforce and policy planning.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the total civilian population aged 16 and over that is employed on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The annual employment rate provides insights into long-term labor market conditions and workforce participation, which are important for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The employment rate is a key economic indicator monitored by policymakers, analysts, and businesses to assess labor market conditions and inform economic policies.
Q: Are there update delays or limitations?
A: The annual employment rate data is updated annually with a short lag, and may be subject to revisions based on Census Bureau updates.
Related Trends
Balance of payments BPM6: Financial account: Financial account Net: Total for the European Union
EU28B6FATT01CXCUQ
Harmonized Index of Consumer Prices: Catering Services for European Union
CP1110EUCCM086NEST
Harmonized Index of Consumer Prices: Recreational and Sporting Services for Euro Area (19 Countries)
CP0941EZ19M086NEST
Harmonized Index of Consumer Prices: All Items Excluding Mainly Administered Prices for European Union
00XAP0EUCCM086NEST
Harmonized Index of Consumer Prices: Wine for Euro Area (19 Countries)
CP0212EZ19M086NEST
Harmonized Index of Consumer Prices: Transport Services for European Union (28 Countries)
CP0730EU28M086NEST
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM24TTEUA156N), retrieved from FRED.