Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for OECD
Monthly, Not Seasonally Adjusted
OECDLFHU24MASTM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,808,932.00
Year-over-Year Change
0.61%
Date Range
1/1/2007 - 5/1/2025
Summary
This trend measures the total unemployment rate in the United States on a monthly basis, without seasonal adjustments. It provides crucial insights into the country's labor market conditions and is closely monitored by economists and policymakers.
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 Monthly, Not Seasonally Adjusted unemployment rate tracks the percentage of the total labor force in the U.S. that is jobless and actively seeking employment. This unadjusted figure offers a raw view of the labor market, complementing the seasonally adjusted unemployment rate.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a key indicator used by the Federal Reserve and other institutions to assess the health of the economy and inform policy decisions.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The unemployment rate has steadily declined since the 2008-2009 recession, reaching pre-pandemic levels by 2022.
- Long-term unemployment remains a concern, with the share of jobless workers unemployed for 27 weeks or more above historical averages.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Not Seasonally Adjusted unemployment rate tracks the percentage of the total U.S. labor force that is jobless and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted unemployment rate provides a raw, unfiltered view of labor market conditions, complementing the more widely reported seasonally adjusted figure. It is a crucial indicator of economic health used by policymakers and analysts.
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 and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key indicator used by the Federal Reserve and other institutions to assess the health of the economy and inform policy decisions, such as adjustments to interest rates and other stimulative measures.
Q: Are there update delays or limitations?
A: The Monthly, Not Seasonally Adjusted unemployment rate data is typically released on a monthly basis, with a short delay from the reference period.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (OECDLFHU24MASTM), retrieved from FRED.