Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Czechia
Monthly, Not Seasonally Adjusted
LFHU24TTCZM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,000.00
Year-over-Year Change
13.04%
Date Range
1/1/1993 - 5/1/2025
Summary
This economic trend measures the total number of unemployed persons in the United States who have been out of work for 24 months or more. It provides insights into the long-term unemployment situation and is a key indicator for policymakers.
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 Long-Term Unemployment data series tracks the number of individuals who have been jobless for 24 consecutive months or longer. It offers valuable insights into the persistence and severity of unemployment challenges faced by the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This long-term unemployment metric is closely monitored by the Federal Reserve and other policymakers to assess the health of the labor market and inform economic policy decisions.
Key Facts
- The series tracks unemployment duration of 24 months or more.
- Long-term joblessness can have significant economic and social impacts.
- Policymakers use this metric to gauge labor market conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unemployed persons in the United States who have been out of work for 24 months or more.
Q: Why is this trend relevant for users or analysts?
A: The long-term unemployment data provides insights into the persistence and severity of joblessness, which is a key concern for policymakers and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this long-term unemployment metric to assess the health of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported monthly, with potential delays in availability due to the underlying survey process.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHU24TTCZM647N), retrieved from FRED.