Harmonized Unemployment: Aged 15-24: Females for the European Union
Persons, Quarterly, Seasonally Adjusted
LFHU24FEEUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,369,333.33
Year-over-Year Change
-22.45%
Date Range
1/1/2000 - 10/1/2019
Summary
This economic trend measures the total number of persons employed in the United States on a quarterly, seasonally adjusted basis. It provides critical insights into the overall health and trajectory of the U.S. 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
The 'Persons, Quarterly, Seasonally Adjusted' series represents the total number of employed persons in the United States, adjusted for seasonal variations. This metric is widely used by economists and policymakers to analyze employment trends and assess the strength of the national economy.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is a key input for macroeconomic analysis and federal monetary and fiscal policy decisions.
Key Facts
- The U.S. employed over 158 million people as of the latest quarterly data.
- Employment levels have steadily increased since the Great Recession.
- The services sector accounts for the largest share of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The employment trend is a key indicator of the overall health and strength of the U.S. labor market, which is crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is a critical input for macroeconomic analysis and federal monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a slight delay, but it provides a comprehensive, seasonally adjusted view of total U.S. employment.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFHU24FEEUQ647S), retrieved from FRED.