Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for OECD
Quarterly, Seasonally Adjusted
OECDLFHU24FESTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,102,679.00
Year-over-Year Change
7.34%
Date Range
1/1/2007 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted' trend measures the labor force participation rate in the United States. This key economic indicator provides insights into the overall health and dynamics of the 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 labor force participation rate reflects the percentage of the working-age population that is employed or actively seeking employment. Economists and policymakers closely monitor this metric to assess the strength and composition of the U.S. labor force.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD) based on labor force surveys.
Historical Context
The labor force participation rate is a crucial input for economic policy decisions and market analyses.
Key Facts
- The U.S. labor force participation rate is currently around 62%.
- Participation rates vary by age, gender, and other demographic factors.
- The participation rate is a leading indicator of economic and labor market conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Seasonally Adjusted' trend measures the percentage of the working-age population in the United States that is employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of the strength and dynamics of the U.S. labor market, providing insights that inform economic policy decisions and market analyses.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on labor force surveys.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a key input for economic policymakers and analysts, who use it to assess the overall health and direction of the labor market.
Q: Are there update delays or limitations?
A: The OECD provides quarterly updates for this data series, which may be subject to revisions and delays compared to other labor market indicators.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (OECDLFHU24FESTSAQ), retrieved from FRED.