Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for Czechia
Quarterly, Not Seasonally Adjusted
LRUN24TTCZQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.30
Year-over-Year Change
43.08%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic indicator tracks the U.S. civilian labor force participation rate on a quarterly, not seasonally adjusted basis. It provides important insights into labor market dynamics and workforce participation trends.
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 civilian labor force participation rate measures the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This key indicator helps economists and policymakers assess the health and structure of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is widely used to inform employment, economic, and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for women than men.
- The rate peaked at 67.3% in early 2000.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of the civilian non-institutional population that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate provides crucial insights into the structure and health of the U.S. labor market, which is a key driver of economic activity.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is widely used to inform employment, economic, and monetary policy decisions by government, central bank, and market analysts.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted data is released with a lag of approximately 2-3 months.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN24TTCZQ156N), retrieved from FRED.