Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for G7

Quarterly, Seasonally Adjusted

G7LFHUTTTTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

17,332,030.00

Year-over-Year Change

6.12%

Date Range

1/1/1991 - 1/1/2025

Summary

The Quarterly, Seasonally Adjusted series measures the total number of hours worked by all employed persons in the United States. This key economic indicator provides insights into labor market dynamics and productivity.

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

This quarterly, seasonally adjusted series tracks the total number of hours worked by employees across the U.S. economy. It is a widely followed metric that economists and policymakers use to assess labor market conditions, worker productivity, and broader macroeconomic trends.

Methodology

The data is collected through household and business surveys conducted by the U.S. Bureau of Labor Statistics.

Historical Context

Total hours worked is an important input for analyzing employment, output, and efficiency within the overall economy.

Key Facts

  • Quarterly series, updated by the U.S. Bureau of Labor Statistics.
  • Provides a comprehensive measure of labor input across the economy.
  • Can signal changes in worker productivity and efficiency.

FAQs

Q: What does this economic trend measure?

A: The Quarterly, Seasonally Adjusted series tracks the total number of hours worked by all employed persons in the United States.

Q: Why is this trend relevant for users or analysts?

A: This metric provides valuable insights into labor market dynamics, worker productivity, and broader macroeconomic conditions.

Q: How is this data collected or calculated?

A: The data is collected through household and business surveys conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Total hours worked is an important input for analyzing employment, output, and efficiency within the overall economy, informing decisions by policymakers and economists.

Q: Are there update delays or limitations?

A: The Quarterly, Seasonally Adjusted series is updated on a regular schedule by the U.S. Bureau of Labor Statistics.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Seasonally Adjusted (G7LFHUTTTTSTSAQ), retrieved from FRED.