Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for OECD
Quarterly, Not Seasonally Adjusted
OECDLRHU24MASTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.38
Year-over-Year Change
-1.75%
Date Range
1/1/2007 - 1/1/2025
Summary
This trend measures the unemployment rate in the United States on a quarterly, non-seasonally adjusted basis. It provides a broad gauge of 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 Quarterly, Not Seasonally Adjusted unemployment rate tracks the percentage of the civilian labor force in the U.S. that is jobless but actively seeking employment. It offers a comprehensive view of labor market dynamics without the adjustments for typical seasonal hiring patterns.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a key indicator used to assess the overall health of the economy and inform policy decisions.
Key Facts
- The current U.S. unemployment rate is XX.X%.
- The unemployment rate peaked at XX.X% during the [recent recession].
- The labor force participation rate is currently at XX.X%.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted unemployment rate tracks the percentage of the civilian labor force in the U.S. that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market conditions and the overall health of the economy, making it crucial for policymakers, economists, and market 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.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary policy, fiscal stimulus, and other measures aimed at promoting full employment and stable economic growth.
Q: Are there update delays or limitations?
A: The unemployment rate data is released on a monthly basis, with a slight delay to allow for collection and processing. The non-seasonally adjusted version may be subject to greater volatility than the seasonally adjusted figures.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (OECDLRHU24MASTQ), retrieved from FRED.