Harmonized Unemployment: Aged 15-24: Males for the European Union
Persons, Monthly, Seasonally Adjusted
LFHU24MAEUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,817,000.00
Year-over-Year Change
-1.68%
Date Range
1/1/2000 - 1/1/2020
Summary
This monthly economic trend measures the seasonally adjusted number of persons employed in the U.S. labor force. It is a key indicator of overall employment levels and economic activity.
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, Monthly, Seasonally Adjusted metric tracks the total number of employed persons in the U.S. on a monthly basis, with seasonal factors removed. This provides a reliable gauge of labor market conditions and workforce participation over time.
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 closely monitor this employment trend to assess the health of the labor market and broader economy.
Key Facts
- The U.S. labor force includes over 160 million employed persons.
- Employment levels vary seasonally, with peaks in summer and troughs in winter.
- Steady growth in this metric signals a strengthening economy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employed persons in the U.S. labor force on a monthly basis, with seasonal factors removed.
Q: Why is this trend relevant for users or analysts?
A: The Persons, Monthly, Seasonally Adjusted trend is a key indicator of overall employment levels and economic activity, closely monitored by policymakers and economists.
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 employment metric to assess the health of the labor market and broader economy, informing decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Monthly, Seasonally Adjusted (LFHU24MAEUM647S), retrieved from FRED.