Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for Australia
Monthly, Not Seasonally Adjusted
LRUN24TTAUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.76
Year-over-Year Change
9.58%
Date Range
2/1/1978 - 6/1/2025
Summary
This economic trend measures the total civilian labor force in the United States on a monthly basis without seasonal adjustments. It provides insights into the size and composition 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 total civilian labor force is a key economic indicator that represents the number of people employed or actively seeking employment in the United States. This unadjusted series offers a raw view of labor force dynamics without the influence of seasonal factors.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to analyze labor market conditions and inform economic and employment policies.
Key Facts
- The U.S. civilian labor force exceeded 165 million in 2022.
- The labor force participation rate was around 62% in 2022.
- The data is published monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people in the United States who are employed or actively seeking employment, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted labor force data provides a raw view of labor market dynamics, which is useful for analyzing underlying trends and informing economic and employment policies.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health of the labor market and inform decisions on employment, economic, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of a few weeks. The unadjusted nature of the series may result in more volatility compared to seasonally adjusted data.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRUN24TTAUM156N), retrieved from FRED.