Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Ireland
Annual, Not Seasonally Adjusted
LFHU24TTIEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,750.00
Year-over-Year Change
-55.71%
Date Range
1/1/1983 - 1/1/2024
Summary
This trend measures the total annual employment of the Hispanic or Latino population in the United States, providing insights into labor force participation and economic inclusion.
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 total annual employment of the Hispanic or Latino population is a key indicator of their labor market integration and contribution to the U.S. economy. It is used by economists and policymakers to analyze workforce trends and inform decisions on employment, education, and economic development programs.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
This trend is relevant for understanding the role of Hispanic and Latino workers in the broader U.S. labor market and economy.
Key Facts
- The Hispanic or Latino population accounts for over 18% of the total U.S. population.
- Employment of Hispanics and Latinos has grown by over 40% in the past decade.
- Hispanic and Latino workers are increasingly important to key U.S. industries like construction, hospitality, and agriculture.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual employment of the Hispanic or Latino population in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the labor force participation and economic inclusion of Hispanic and Latino workers, which is crucial for understanding broader workforce and economic trends.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze workforce trends and inform decisions on employment, education, and economic development programs targeting the Hispanic and Latino populations.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFHU24TTIEA647N), retrieved from FRED.