Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Australia
Monthly, Seasonally Adjusted
LFUN24TTAUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
259,304.90
Year-over-Year Change
12.82%
Date Range
2/1/1978 - 6/1/2025
Summary
This economic trend measures the monthly, seasonally adjusted unemployment rate in the United States. It is a key indicator of the health and stability of the labor market.
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 monthly, seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is without a job but actively seeking employment. It is a widely-used metric for evaluating the strength of the U.S. economy and informing policymakers' decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve, government agencies, and private analysts to assess economic conditions and guide fiscal and monetary policies.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 3.5% in September 2019.
- The unemployment rate is a lagging economic indicator, meaning it tends to rise after the start of a recession and fall after the end.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, seasonally adjusted unemployment rate in the United States, which represents the percentage of the civilian labor force that is without a job but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the health and stability of the labor market, and it is closely monitored by policymakers, economists, and market analysts to assess the overall state of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input for the Federal Reserve and other policymakers in making decisions about fiscal and monetary policies to promote full employment and economic stability.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of a few weeks from the end of the reference month.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LFUN24TTAUM647S), retrieved from FRED.