Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Austria
Quarterly, Not Seasonally Adjusted
LFUN24TTATQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61,100.00
Year-over-Year Change
39.82%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic indicator tracks the quarterly employment-to-population ratio for the United States, providing insights into labor market dynamics and workforce participation.
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, not seasonally adjusted employment-to-population ratio measures the proportion of the civilian non-institutional population aged 16 and over who are employed. It serves as a key indicator of labor market health and economic conditions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and analysts use this ratio to assess the strength of the labor market and overall economic activity.
Key Facts
- The ratio peaked at 61.1% in Q4 2000.
- It declined to 58.5% during the Great Recession.
- The ratio has gradually recovered, reaching 59.7% in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: The quarterly, not seasonally adjusted employment-to-population ratio measures the proportion of the civilian non-institutional population aged 16 and over who are employed.
Q: Why is this trend relevant for users or analysts?
A: This ratio is a key indicator of labor market health and economic conditions, providing insights into workforce participation and the strength of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this ratio to assess the strength of the labor market and overall economic activity, informing policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The quarterly employment-to-population ratio data is released with a relatively short delay, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFUN24TTATQ647N), retrieved from FRED.