Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Luxembourg
Seasonally Adjusted
LRHU24MALUM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.80
Year-over-Year Change
0.00%
Date Range
1/1/1983 - 6/1/2025
Summary
The Seasonally Adjusted Unemployment Rate measures the percentage of the civilian labor force that is unemployed after accounting for seasonal variation. This key economic indicator provides insights into the underlying health 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 Seasonally Adjusted Unemployment Rate is a widely followed metric that removes the typical seasonal fluctuations in employment caused by weather, holidays, and other recurring factors. It offers a more accurate and stable view of the labor market's performance compared to the raw, unadjusted unemployment rate.
Methodology
The U.S. Bureau of Labor Statistics collects and publishes this seasonally adjusted data series.
Historical Context
Policymakers and economists closely monitor the Seasonally Adjusted Unemployment Rate to assess economic conditions and inform policy decisions.
Key Facts
- The current Seasonally Adjusted Unemployment Rate is 3.7%.
- The rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- Seasonal adjustment is crucial for analyzing employment data.
FAQs
Q: What does the Seasonally Adjusted Unemployment Rate measure?
A: The Seasonally Adjusted Unemployment Rate measures the percentage of the civilian labor force that is unemployed after accounting for typical seasonal variations in employment.
Q: Why is the Seasonally Adjusted Unemployment Rate relevant for users or analysts?
A: The seasonally adjusted rate provides a more accurate and stable view of the labor market's performance, allowing for better analysis of underlying economic trends and more informed policy decisions.
Q: How is the Seasonally Adjusted Unemployment Rate data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects and publishes this data series after applying statistical adjustments to remove seasonal fluctuations.
Q: How is the Seasonally Adjusted Unemployment Rate used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess the overall health of the labor market and inform decisions related to monetary and fiscal policies.
Q: Are there any update delays or limitations with the Seasonally Adjusted Unemployment Rate data?
A: The data is published monthly with a typical one-month lag, and the seasonal adjustment process may be subject to revisions as new information becomes available.
Related Trends
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total for Luxembourg
ULQELP01LUQ657S
Stock Market Turnover Ratio (Value Traded/Capitalization) for Luxembourg
DDEM01LUA156NWDB
Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 74 Years for Luxembourg
LRIN74FELUA156S
Infra-Annual Labor Statistics: Employment Female: From 25 to 54 Years for Luxembourg
LFEM25FELUA647S
Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Luxembourg
LUXCP050000GPM
Labor Compensation: Earnings: Manufacturing: Hourly for Luxembourg
LUXLCEAMN01GPSAM
Citation
U.S. Federal Reserve, Seasonally Adjusted Unemployment Rate (LRHU24MALUM156S), retrieved from FRED.