Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for OECD
OECDLFHUTTTTSTM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,115,540.00
Year-over-Year Change
2.23%
Date Range
1/1/2001 - 5/1/2025
Summary
This economic trend measures the total monthly unemployment rate for individuals aged 15 and over in OECD countries. It is a key labor market indicator used by economists and policymakers to assess employment conditions and economic performance.
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 Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for OECD trend provides a comprehensive view of labor market dynamics across OECD member nations. It is widely referenced by analysts to monitor unemployment trends and inform economic policy decisions.
Methodology
The data is collected through national labor force surveys conducted by statistical agencies in each OECD country.
Historical Context
This unemployment statistic is vital for assessing the health of labor markets and informing policy responses to economic conditions.
Key Facts
- OECD countries account for over 60% of global GDP.
- Unemployment rates vary significantly across OECD member states.
- The data is released on a monthly basis with a short publication delay.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monthly unemployment rate for individuals aged 15 and over across all OECD member countries.
Q: Why is this trend relevant for users or analysts?
A: This unemployment statistic is a key labor market indicator used by economists, policymakers, and analysts to assess employment conditions and economic performance in OECD nations.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by statistical agencies in each OECD country.
Q: How is this trend used in economic policy?
A: This unemployment rate is vital for monitoring labor market health and informing policy responses to economic conditions in OECD member states.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short publication delay, providing timely insights into labor market dynamics.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for OECD (OECDLFHUTTTTSTM), retrieved from FRED.