Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 24 Years for Hungary
Quarterly, Not Seasonally Adjusted
LRUN24FEHUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.50
Year-over-Year Change
33.66%
Date Range
4/1/1998 - 1/1/2025
Summary
The 'Quarterly, Not Seasonally Adjusted' trend measures the national unemployment rate in the United States. This key economic indicator is crucial for policymakers and analysts to understand labor market dynamics.
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 percentage of the civilian labor force that is unemployed, without adjustment for seasonal variations. It is a vital metric for assessing the overall health and stability of the U.S. economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers use this trend to inform decisions on fiscal and monetary policies, while market analysts track it to gauge consumer sentiment and economic performance.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The civilian labor force in the U.S. was over 164 million people as of 2022.
- The unemployment rate is a lagging indicator, often signaling economic shifts several months after they occur.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Not Seasonally Adjusted' trend measures the percentage of the U.S. civilian labor force that is unemployed, without adjustments for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This unemployment rate is a crucial indicator of the overall health and stability of the U.S. economy, used by policymakers, economists, and market analysts to inform decisions and assess economic performance.
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 use this unemployment rate trend to inform decisions on fiscal and monetary policies, while market analysts track it to gauge consumer sentiment and economic performance.
Q: Are there update delays or limitations?
A: The unemployment rate is a lagging indicator, often signaling economic shifts several months after they occur, and may not fully capture seasonal variations in the labor market.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN24FEHUQ156N), retrieved from FRED.