Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Australia
Quarterly, Not Seasonally Adjusted
LFHU24TTAUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
231,648.50
Year-over-Year Change
24.66%
Date Range
4/1/1978 - 4/1/2025
Summary
This economic indicator tracks the quarterly, not seasonally adjusted unemployment rate for the United States. It provides timely insights into the labor market and informs economic policy decisions.
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, not seasonally adjusted unemployment rate is a key metric for assessing the health of the U.S. labor market. It captures the percentage of the civilian labor force that is jobless but actively seeking employment, without adjusting for seasonal variations.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts closely monitor this trend to gauge economic conditions and guide fiscal and monetary policies.
Key Facts
- The quarterly, not seasonally adjusted unemployment rate reached a high of 14.7% in Q2 2020 during the COVID-19 pandemic.
- The trend has shown steady declines since the 2008-2009 recession, reflecting an improving labor market.
- This indicator provides more timely data compared to the monthly, seasonally adjusted unemployment rate.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly, not seasonally adjusted unemployment rate in the United States, which represents the percentage of the civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The quarterly, not seasonally adjusted unemployment rate is a crucial metric for assessing the health of the labor market and informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to gauge economic conditions and guide fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted unemployment rate is released in a timely manner, providing more up-to-date information compared to the monthly, seasonally adjusted rate.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHU24TTAUQ647N), retrieved from FRED.