Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for France
Annual, Not Seasonally Adjusted
LRHU24TTFRA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.63
Year-over-Year Change
-27.86%
Date Range
1/1/1983 - 1/1/2024
Summary
This economic trend measures the annual not seasonally adjusted employment level in the U.S. labor force. Understanding workforce participation is crucial for economists and policymakers to assess the health of the economy.
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 level represents the total number of people employed in the U.S. over a 12-month period, without adjusting for typical seasonal variations. This metric provides insight into long-term workforce trends and the overall size of the labor force.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to evaluate labor market conditions and inform economic policy decisions.
Key Facts
- The annual employment level in the U.S. was over 156 million as of the latest data.
- Employment levels are a key indicator of economic growth and consumer spending.
- Seasonal adjustments are not applied to this metric to provide a more comprehensive view of long-term workforce trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the U.S. labor force over a 12-month period, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Understanding the annual employment level is crucial for assessing the overall health and growth of the economy, as well as informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate labor market conditions and inform economic policy decisions, such as monetary policy and workforce development initiatives.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the latest data, as it is collected through a comprehensive household survey process.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHU24TTFRA156N), retrieved from FRED.