Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for OECD
Quarterly, Not Seasonally Adjusted
OECDLRHU24TTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.35
Year-over-Year Change
0.49%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic indicator measures the quarterly, not seasonally adjusted unemployment rate for the United States. It provides timely insights into the country's labor market conditions.
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 is a key measure of the strength and health of the U.S. economy. It reflects the percentage of the total labor force that is jobless but actively seeking employment during a given quarter.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, economists, and market analysts to assess the overall economic situation and guide policy decisions.
Key Facts
- The U.S. unemployment rate averaged 3.8% in 2022.
- The highest recorded U.S. unemployment rate was 14.7% in April 2020.
- The Federal Reserve closely monitors the unemployment rate to guide monetary policy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarterly, not seasonally adjusted unemployment rate in the United States, which reflects the percentage of the total labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The quarterly, not seasonally adjusted unemployment rate is a crucial indicator of the overall health and strength of the U.S. economy, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor the unemployment rate to assess the overall economic situation and guide policy decisions, such as adjustments to monetary policy.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted unemployment rate data is released on a timely basis, with some minor delays due to the survey collection process.
Related Trends
Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 24 Years for OECD
OECDLRUN24FESTSAQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for OECD
OECDLFIN55MASTQ
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for OECD
OECDLFWA24TTSTSAQ
Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for OECD
OECDLFHU24FESTQ
Infra-Annual Labor Statistics: Working-Age Population Female: From 25 to 54 Years for OECD
OECDLFWA25FESTSAQ
Infra-Annual Labor Statistics: Employment Rate Female: From 25 to 54 Years for OECD
OECDLREM25FESTQ
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (OECDLRHU24TTSTQ), retrieved from FRED.