Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Sweden
Annual, Seasonally Adjusted
LFHU24TTSEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163,833.30
Year-over-Year Change
9.96%
Date Range
1/1/1983 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' economic trend measures the unemployment rate for the U.S. Hispanic or Latino population, a key demographic indicator for policymakers and economists.
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
This series represents the seasonally adjusted unemployment rate for Hispanics or Latinos in the United States, providing insights into labor force dynamics and economic conditions for this population.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This trend is widely used to analyze employment patterns and inform economic and social policies.
Key Facts
- The Hispanic/Latino unemployment rate is typically higher than the national average.
- The unemployment rate for this group is an important indicator of economic inclusion and opportunity.
- Seasonally adjusting the data helps identify underlying trends beyond seasonal fluctuations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally adjusted unemployment rate for the Hispanic or Latino population in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Hispanic/Latino unemployment rate provides important insights into labor market conditions and economic opportunities for this demographic group.
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: This trend is widely used by policymakers, economists, and institutions to analyze employment patterns and inform economic and social policies.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and methodological constraints of the Current Population Survey.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHU24TTSEA647S), retrieved from FRED.