Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Czechia
Monthly, Not Seasonally Adjusted
LFHU24FECZM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,000.00
Year-over-Year Change
23.53%
Date Range
1/1/1993 - 6/1/2025
Summary
This economic trend measures the monthly unemployment rate for Hispanic or Latino workers in the United States. It is a key indicator for understanding the labor market dynamics and economic well-being of this demographic group.
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 Hispanic or Latino Unemployment Rate is a monthly data series that tracks the percentage of the Hispanic or Latino civilian labor force in the U.S. that is unemployed. This metric is used by economists and policymakers to assess employment trends and identify potential disparities within the broader labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This unemployment rate is closely monitored for its implications on economic and social policy.
Key Facts
- The Hispanic or Latino unemployment rate was 3.9% in April 2023.
- The rate has declined from a peak of 18.9% in April 2020 during the COVID-19 pandemic.
- Historically, the Hispanic/Latino unemployment rate has tended to be higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for Hispanic or Latino workers in the United States. It reflects the percentage of the Hispanic/Latino civilian labor force that is jobless and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The Hispanic/Latino unemployment rate is a key indicator for understanding labor market dynamics and economic well-being within this demographic group. It is closely monitored by economists and policymakers for its implications on economic and social policy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This unemployment rate is used by policymakers, economists, and institutions to assess employment trends and identify potential disparities within the broader labor market, informing economic and social policies.
Q: Are there update delays or limitations?
A: The Hispanic/Latino unemployment rate data is released monthly with no significant update delays, providing timely insights into this important labor market indicator.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHU24FECZM647N), retrieved from FRED.