Quarterly, Seasonally Adjusted
LFHU24FEO1Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,779,000.00
Year-over-Year Change
-20.22%
Date Range
1/1/2005 - 7/1/2017
Summary
This economic indicator measures the quarterly, seasonally adjusted unemployment rate for the U.S. Hispanic or Latino population. It provides key insights into labor market trends and dynamics within this demographic.
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 quarterly, seasonally adjusted unemployment rate for the U.S. Hispanic or Latino population is an important labor force statistic that helps economists and policymakers understand employment patterns and workforce participation within this demographic group.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This indicator informs economic and labor market policy decisions that affect the Hispanic/Latino community.
Key Facts
- The U.S. Hispanic/Latino unemployment rate was 4.0% in Q4 2022.
- Hispanic/Latino workers make up over 18% of the total U.S. labor force.
- Hispanic/Latino unemployment tends to be higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarterly, seasonally adjusted unemployment rate for the U.S. Hispanic or Latino population.
Q: Why is this trend relevant for users or analysts?
A: This metric provides key insights into employment patterns and labor force participation within the Hispanic/Latino demographic, informing economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: This indicator helps policymakers and economists understand employment dynamics within the Hispanic/Latino community, which informs labor market and economic policies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a brief lag, providing timely information on this important demographic.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHU24FEO1Q647S), retrieved from FRED.