Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Luxembourg
Quarterly, Seasonally Adjusted
LFHU24MALUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,000.00
Year-over-Year Change
100.00%
Date Range
1/1/1983 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the unemployment rate for the population aged 24 to 54, a key labor force demographic. This metric provides insight into employment trends for prime-working-age Americans.
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 focuses on workers aged 24 to 54, a group that is central to the U.S. labor market and economic productivity. This data series is used by policymakers and analysts to gauge the overall health of the job market.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
Tracking this employment metric helps inform monetary and fiscal policies aimed at maximizing employment and economic growth.
Key Facts
- The unemployment rate for 24-54 year-olds averaged 3.3% in 2022.
- This demographic accounts for over 60% of the U.S. civilian labor force.
- Prime-age unemployment tends to be lower than the overall rate.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the unemployment rate for the population aged 24 to 54, a key demographic within the U.S. labor force.
Q: Why is this trend relevant for users or analysts?
A: Tracking unemployment for prime-working-age Americans provides important insights into the overall health of the job market and can inform economic policies aimed at maximizing employment.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Monitoring the Quarterly, Seasonally Adjusted unemployment rate helps policymakers and analysts assess labor market conditions and inform monetary and fiscal policies to support employment and economic growth.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted data is published with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHU24MALUQ647S), retrieved from FRED.