Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Australia
Quarterly, Not Seasonally Adjusted
LFUN24TTAUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
231,648.50
Year-over-Year Change
24.66%
Date Range
4/1/1978 - 4/1/2025
Summary
This economic trend measures the total unemployment rate in the United States on a quarterly, not seasonally adjusted basis. Unemployment rates are a key indicator of economic health and labor market conditions.
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 total unemployment rate represents the percentage of the civilian labor force that is jobless but actively seeking employment. This data series provides a detailed, unmodified view of unemployment trends that can inform economic analysis and policymaking.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Unemployment statistics are closely monitored by government, industry, and market analysts to assess the strength of the U.S. economy.
Key Facts
- The current U.S. total unemployment rate is 3.7%.
- Unemployment peaked at 14.7% in April 2020 due to the COVID-19 pandemic.
- The lowest recorded U.S. total unemployment rate was 2.5% in 1953.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total unemployment rate in the United States on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Unemployment rates are a key indicator of economic health and labor market conditions, providing important insights for policymakers, businesses, and consumers.
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: Unemployment statistics are closely monitored by government, industry, and market analysts to assess the strength of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with no significant update delays, providing a timely and comprehensive view of the U.S. labor market.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFUN24TTAUQ647N), retrieved from FRED.