Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Brazil
LFUN24TTBRM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
718,371.20
Year-over-Year Change
48.50%
Date Range
3/1/2002 - 11/1/2015
Summary
This economic trend measures the total unemployment rate for individuals aged 15 to 24 in Brazil. It provides important insights into the labor market dynamics and economic conditions affecting young workers.
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 Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Brazil tracks the unemployment rate for the youth labor force in Brazil. This data series is widely used by economists, policymakers, and analysts to monitor labor market trends and assess the socioeconomic challenges facing young workers.
Methodology
The data is collected through household surveys conducted by the Brazilian Institute of Geography and Statistics (IBGE).
Historical Context
This trend is a key indicator for evaluating the effectiveness of economic and social policies aimed at promoting youth employment and reducing unemployment.
Key Facts
- Brazil's youth unemployment rate is significantly higher than the overall unemployment rate.
- Reducing youth unemployment is a top priority for the Brazilian government.
- Fluctuations in this trend often reflect broader economic conditions and policy changes in Brazil.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total unemployment rate for individuals aged 15 to 24 in Brazil, providing insights into the labor market dynamics affecting young workers.
Q: Why is this trend relevant for users or analysts?
A: This trend is widely used by economists, policymakers, and analysts to monitor labor market trends and assess the socioeconomic challenges facing young workers in Brazil.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Brazilian Institute of Geography and Statistics (IBGE).
Q: How is this trend used in economic policy?
A: This trend is a key indicator for evaluating the effectiveness of economic and social policies aimed at promoting youth employment and reducing unemployment in Brazil.
Q: Are there update delays or limitations?
A: The data is subject to the survey collection and reporting timelines of the IBGE, which may result in occasional update delays.
Related Trends
Production: Manufacturing: Total Manufacturing for Brazil
BRAPRMNTO01GYSAM
Leading Indicators OECD: Component Series: Business Tendencies Survey: Order Books: Original Series for Brazil
BRALOCOBOORSTSAM
Leading Indicators OECD: Component Series: Share Prices: Original Series for Brazil
BRALOCOSPORIXOBM
Number of Identified Exporters to Brazil from Connecticut
CTBRAA475SCEN
Value of Exports to Brazil from Wisconsin
WIBRAA052SCEN
Value of Exports to Brazil from Mississippi
MSBRAA052SCEN
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Brazil (LFUN24TTBRM647S), retrieved from FRED.