Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Spain
Annual, Seasonally Adjusted
LFHU24FEESA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
216,250.00
Year-over-Year Change
-50.75%
Date Range
1/1/1983 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted unemployment rate for women aged 24 and under in the United States. It provides insights into the labor market participation and job prospects for young women, which are key indicators of economic health and social equity.
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 for women aged 24 and under is a valuable economic indicator that tracks the employment status of a specific demographic group. This data is used by policymakers, labor economists, and workforce analysts to assess the overall strength of the labor market and identify any disparities in job opportunities for young women.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through its monthly Current Population Survey.
Historical Context
This economic trend is closely monitored by government agencies, research institutions, and private sector analysts to inform policy decisions, business strategies, and public discourse around labor market dynamics and social equity.
Key Facts
- The annual, seasonally adjusted unemployment rate for women aged 24 and under in the U.S. was 9.5% in 2022.
- This rate has declined from a peak of 18.1% in 2020 during the COVID-19 pandemic.
- Young women often face higher unemployment rates compared to other demographic groups due to various socioeconomic factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted unemployment rate for women aged 24 and under in the United States. It provides insights into the labor market participation and job prospects for young women.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, labor economists, and workforce analysts as it helps assess the overall strength of the labor market and identify any disparities in job opportunities for young women, which are important indicators of economic health and social equity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through its monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: This economic trend is closely monitored by government agencies, research institutions, and private sector analysts to inform policy decisions, business strategies, and public discourse around labor market dynamics and social equity.
Q: Are there update delays or limitations?
A: The annual, seasonally adjusted unemployment rate for women aged 24 and under is typically published with a short delay, as it is derived from the monthly Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 64 Years for Spain
LREM64MAESQ156S
Labor Compensation: Earnings: All Activities: Hourly for Spain
LCEATT01ESQ189N
Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Spain
LFEAMNTTESQ647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Spain
ESPCPICORAINMEI
Harmonized Index of Consumer Prices: Cultural Services for Spain
CP0942ESM086NEST
Producer Prices Index: Type of Goods: Durable Consumer Goods: Domestic for Spain
PITGCD02ESQ661N
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHU24FEESA647S), retrieved from FRED.