Annual, Not Seasonally Adjusted
LRHUADTTG7A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.70
Year-over-Year Change
-12.96%
Date Range
1/1/1995 - 1/1/2016
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate for individuals aged 15-24 in Germany. It provides valuable insights into labor market conditions and youth employment for policymakers and analysts.
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 unemployment rate for German youth aged 15-24 is an important labor market indicator. It helps economists and policymakers understand the level of joblessness among this demographic and inform policies aimed at promoting youth employment.
Methodology
This data is collected and calculated by the German Federal Statistical Office through surveys of households and businesses.
Historical Context
Tracking this trend is crucial for assessing the overall health of the German economy and labor market.
Key Facts
- Germany's youth unemployment rate was 5.9% in 2021.
- This trend has shown steady improvement since the global financial crisis.
- Youth joblessness remains a key policy priority for the German government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate for individuals aged 15-24 in Germany.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into labor market conditions and youth employment, which are crucial for understanding the overall health of the German economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the German Federal Statistical Office through surveys of households and businesses.
Q: How is this trend used in economic policy?
A: Tracking this trend is crucial for assessing the overall health of the German economy and labor market, and informing policies aimed at promoting youth employment.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of the most recent data, as it is dependent on the collection and processing by the German statistical agency.
Related Trends
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G7LFUNTTFESTSAQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 25 to 54 Years for G7
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Balance of Payments: Secondary Income: Balance (Revenue Minus Expenditure) for G7
G7B6BLSI01CXCUQ
Composite Leading Indicators: Composite Leading Indicator (CLI) Trend Restored for G7
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Production: Industry: Total industry: Total industry excluding construction for G7
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Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for G7
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUADTTG7A156S), retrieved from FRED.