Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Australia
Quarterly, Seasonally Adjusted
LFHU24TTAUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
238,175.00
Year-over-Year Change
25.23%
Date Range
4/1/1978 - 4/1/2025
Summary
This economic indicator measures the quarterly, seasonally adjusted unemployment rate for the total U.S. population. It provides timely insights into the strength of the labor market and overall economic conditions.
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 is a key statistic used to track the health of the U.S. economy. It measures the percentage of the total civilian labor force that is jobless but actively seeking employment during a given quarter.
Methodology
The data is collected through the Current Population Survey, a monthly sample survey of households conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts closely monitor this statistic to gauge the effectiveness of fiscal and monetary policies in supporting full employment.
Key Facts
- The quarterly unemployment rate averaged 5.7% in 2022.
- The rate peaked at 14.7% in Q2 2020 due to the COVID-19 pandemic.
- The Federal Reserve aims for a 'natural' unemployment rate around 4-5%.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of the total U.S. civilian labor force that is jobless but actively seeking employment during a given quarter.
Q: Why is this trend relevant for users or analysts?
A: The quarterly unemployment rate is a critical barometer of the health of the U.S. labor market and broader economy, providing timely insights for policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor the quarterly unemployment rate to assess the effectiveness of their policies in supporting full employment and economic stability.
Q: Are there update delays or limitations?
A: The quarterly unemployment rate data is released with a lag of approximately one month following the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHU24TTAUQ647S), retrieved from FRED.