Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for G7
Seasonally Adjusted
G7LFHU24FESTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,023,300.00
Year-over-Year Change
5.03%
Date Range
1/1/2004 - 5/1/2025
Summary
The Seasonally Adjusted employment trend measures the U.S. labor force on an annualized, seasonally adjusted basis. It is a key economic indicator used by policymakers to assess the health of the job 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 Seasonally Adjusted employment trend adjusts raw U.S. labor force data to account for regular seasonal variations, providing a clearer picture of underlying economic conditions. It is widely followed by economists, analysts, and policymakers to gauge employment trends and inform economic decision-making.
Methodology
The data is collected through the Bureau of Labor Statistics' Current Population Survey and seasonally adjusted using statistical methods.
Historical Context
Policymakers use this trend to evaluate the strength of the labor market and inform decisions on interest rates, fiscal policy, and other economic interventions.
Key Facts
- The Seasonally Adjusted trend is reported monthly by the U.S. Bureau of Labor Statistics.
- Seasonal adjustments account for predictable fluctuations like holiday hiring and weather patterns.
- The trend is a critical input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted employment trend measures the U.S. labor force, accounting for regular seasonal variations to provide a clearer picture of underlying economic conditions.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely followed by economists, analysts, and policymakers as a key indicator of the health of the job market, informing economic decision-making.
Q: How is this data collected or calculated?
A: The data is collected through the Bureau of Labor Statistics' Current Population Survey and seasonally adjusted using statistical methods.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to evaluate the strength of the labor market and inform decisions on interest rates, fiscal policy, and other economic interventions.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted trend is reported monthly with minimal update delays, providing timely insights into the U.S. labor market.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (G7LFHU24FESTSAM), retrieved from FRED.