Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Canada
Monthly, Not Seasonally Adjusted
LFHU24FECAM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
233,400.00
Year-over-Year Change
14.24%
Date Range
1/1/1976 - 6/1/2025
Summary
This economic trend measures the monthly unemployment rate for urban and rural areas in the United States, without seasonal adjustments. It provides valuable insights into the state of the labor market and informs economic policy decisions.
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 Monthly, Not Seasonally Adjusted unemployment rate tracks the percentage of the civilian labor force that is unemployed, excluding seasonal fluctuations. This unadjusted data is essential for understanding the underlying trends and regional variations in the labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this trend to evaluate the health of the labor market and inform decisions on employment, workforce development, and economic stimulus measures.
Key Facts
- The monthly unemployment rate averaged 5.3% in 2022.
- The unemployment rate is higher in rural areas compared to urban areas.
- Seasonal adjustments help smooth out fluctuations due to weather, holidays, and other cyclical factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for the total civilian labor force in the United States, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted unemployment rate provides a more accurate representation of the underlying labor market conditions, allowing policymakers and analysts to better understand regional differences and make informed decisions.
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.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the health of the labor market and inform decisions on employment, workforce development, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical delay of about two weeks. The unadjusted data may be subject to greater volatility and should be interpreted alongside other labor market indicators.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHU24FECAM647N), retrieved from FRED.