Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Australia
Monthly, Seasonally Adjusted
LRUN24MAAUM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.67
Year-over-Year Change
4.19%
Date Range
2/1/1978 - 6/1/2025
Summary
The Monthly, Seasonally Adjusted trend measures the unemployment rate in the United States on a monthly basis, adjusted for seasonal variations. This metric is a key indicator of the overall health and stability of the U.S. 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 unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and available to work. This statistic is closely monitored by economists, policymakers, and market analysts to gauge the strength of the economy and inform economic and policy decisions.
Methodology
The U.S. Bureau of Labor Statistics collects and calculates this data through household surveys.
Historical Context
The unemployment rate is a critical input for the Federal Reserve's monetary policy decisions and is closely watched by financial markets.
Key Facts
- The U.S. unemployment rate was 3.5% in February 2020, a 50-year low.
- Unemployment rates tend to rise during economic recessions and fall during periods of economic growth.
- The Federal Reserve considers the unemployment rate when setting monetary policy to achieve its dual mandate of price stability and maximum employment.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted trend measures the percentage of the total U.S. labor force that is unemployed but actively seeking and available for work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the overall health and strength of the U.S. labor market and economy, and is closely monitored by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through monthly household surveys and applies seasonal adjustments to account for predictable variations throughout the year.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for the Federal Reserve's monetary policy decisions, as the Fed aims to achieve its dual mandate of price stability and maximum employment.
Q: Are there update delays or limitations?
A: The unemployment rate data is released by the Bureau of Labor Statistics on a monthly basis, with a slight delay from the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LRUN24MAAUM156S), retrieved from FRED.