Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for Sweden
Quarterly, Seasonally Adjusted
LFHU24TTSEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
162,666.70
Year-over-Year Change
15.09%
Date Range
1/1/1983 - 4/1/2025
Summary
This economic indicator measures the number of full-time employed persons aged 15-24 in the United States on a quarterly, seasonally adjusted basis. It provides insights into youth employment trends that are crucial for labor market analysis and policymaking.
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 series tracks the total number of employed persons aged 15-24 in the U.S. who work full-time. This metric is a valuable indicator of the health and opportunities in the youth labor market, which is an important consideration for economic and social policies.
Methodology
The data is collected through the Current Population Survey, a monthly survey of households conducted by the U.S. Census Bureau.
Historical Context
This trend is used by economists, policymakers, and labor market analysts to monitor youth employment patterns and inform decisions related to education, training, and workforce development programs.
Key Facts
- The youth employment rate reached a peak of 58.1% in 2000.
- Youth employment rates declined sharply during the Great Recession, falling to 46.8% in 2010.
- Since 2010, the youth employment rate has gradually recovered, reaching 52.1% in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of full-time employed persons aged 15-24 in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and opportunities in the youth labor market, which is an important consideration for economic and social policies.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly survey of households conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and labor market analysts to monitor youth employment patterns and inform decisions related to education, training, and workforce development programs.
Q: Are there update delays or limitations?
A: The data is updated quarterly, with a typical release delay of 1-2 months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHU24TTSEQ647S), retrieved from FRED.