Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Canada
Annual, Not Seasonally Adjusted
LFHU24FECAA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
174,791.70
Year-over-Year Change
-0.40%
Date Range
1/1/1976 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures the size of the U.S. labor force. This key economic indicator provides insights into the overall health and dynamics of the labor 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
This annual, unadjusted labor force series represents the total number of people in the United States aged 16 and older who are employed or actively seeking work. It is a crucial metric for economists and policymakers to assess labor market participation and trends.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force data is widely used to inform economic and employment policies at the federal, state, and local levels.
Key Facts
- The U.S. labor force reached a record high of over 165 million in 2022.
- Labor force participation rates vary significantly by age, gender, and educational attainment.
- Changes in the labor force can signal shifts in economic conditions and labor market dynamics.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total number of people in the United States aged 16 and older who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force data is a crucial indicator of the overall health and dynamics of the U.S. labor market, providing insights that inform economic and employment policies.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force data is widely used by economists, policymakers, and institutions to assess labor market participation and trends, and to inform economic and employment policies at the federal, state, and local levels.
Q: Are there update delays or limitations?
A: The Annual, Not Seasonally Adjusted labor force data is typically released with a short delay, reflecting the time required to collect and process the survey information.
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GGGDTPCAA188N
Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Canada
LFHU24FECAM647S
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NGDPDSAIXCAQ
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DDDM02CAA156NWDB
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFHU24FECAA647N), retrieved from FRED.