Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Sweden
Quarterly, Seasonally Adjusted
LRHU24MASEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.73
Year-over-Year Change
27.05%
Date Range
1/1/1983 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the seasonally adjusted unemployment rate among those aged 24 years and under. This metric is closely watched by economists and policymakers as an indicator of youth labor force participation and economic opportunity.
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
This series represents the unemployment rate for the 24 and under age group, adjusted for seasonal variations. It provides insights into the employment challenges faced by younger workers, which can inform policy decisions aimed at fostering job creation and workforce development.
Methodology
The data is collected through the Current Population Survey, a monthly survey of households conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to gauge the health of the youth labor market and the broader economy.
Key Facts
- The unemployment rate for those aged 24 and under is typically higher than the overall unemployment rate.
- Youth unemployment can have long-term impacts on career prospects and economic mobility.
- Seasonal adjustments help identify underlying trends in youth labor market conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally adjusted unemployment rate for individuals aged 24 and under in the United States.
Q: Why is this trend relevant for users or analysts?
A: The youth unemployment rate is an important indicator of economic opportunity and labor market health, particularly for younger workers.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of the youth labor market and inform policies aimed at promoting employment and workforce development.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHU24MASEQ156S), retrieved from FRED.