Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Ireland
Quarterly, Seasonally Adjusted
LFHUTTTTIEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118,333.30
Year-over-Year Change
2.60%
Date Range
1/1/1983 - 4/1/2025
Summary
This economic indicator measures the total number of hours worked by all employed persons in the U.S. economy on a quarterly, seasonally adjusted basis. It provides important insights into labor market dynamics and productivity trends.
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 total hours worked metric represents the aggregate number of hours worked by the entire U.S. workforce during a given quarter. It is a key indicator used by economists and policymakers to analyze labor market conditions and overall economic activity.
Methodology
The data is collected through surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other economic institutions to assess the health of the labor market and broader economy.
Key Facts
- Measured on a quarterly basis, seasonally adjusted.
- Provides insights into labor utilization and productivity.
- Closely watched by the Federal Reserve and economists.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total number of hours worked by all employed persons in the U.S. economy on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator used by economists and policymakers to analyze labor market conditions and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other economic institutions to assess the health of the labor market and broader economy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a short delay to allow for seasonal adjustments.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHUTTTTIEQ647S), retrieved from FRED.