Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Germany
Annual, Not Seasonally Adjusted
LRHU24FEDEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.91
Year-over-Year Change
-24.81%
Date Range
1/1/2007 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the United States. It is a key indicator of the overall strength and health of the U.S. 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 labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This metric provides important insights into workforce dynamics and is closely monitored by economists and policymakers.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
The labor force participation rate is used to assess the state of the economy and inform fiscal and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate reached a peak of 67.3% in 2000.
- Participation rates have declined from the early 2000s, largely due to demographic shifts and the Great Recession.
- Women's labor force participation has increased significantly over the past several decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate, which represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall strength and health of the U.S. labor market, and it provides important insights into workforce dynamics that are closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used to assess the state of the economy and inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release delay of several weeks.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHU24FEDEA156N), retrieved from FRED.