Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Australia
Annual, Seasonally Adjusted
LFHU24FEAUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95,136.15
Year-over-Year Change
-13.73%
Date Range
1/1/1979 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted unemployment rate for females aged 24 years and over in the United States. It is a key indicator of labor market conditions and economic health.
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 annual, seasonally adjusted unemployment rate tracks the proportion of the female labor force aged 24 and older who are jobless but actively seeking employment. This statistic is widely used by economists and policymakers to assess the strength of the U.S. economy and identify potential areas for intervention.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This unemployment rate is monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Key Facts
- The annual, seasonally adjusted unemployment rate for females aged 24+ in the U.S. was 3.2% in 2021.
- This rate has declined from a high of 7.7% in 2010 during the Great Recession.
- Lowering the female unemployment rate is a key policy goal for promoting inclusive economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted unemployment rate for females aged 24 years and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: The female unemployment rate is a crucial indicator of labor market conditions and economic health. It is closely monitored by economists and policymakers to inform decisions and policies.
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 Federal Reserve and other government agencies use this unemployment rate to assess the strength of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHU24FEAUA647S), retrieved from FRED.