Quarterly
LFWA24FEG7Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,303,000.00
Year-over-Year Change
-1.51%
Date Range
4/1/2003 - 4/1/2017
Summary
The Quarterly trend measures the total labor force of women aged 20 to 24 in the United States. This metric is a key indicator of labor market participation and economic activity among young women.
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 trend tracks the civilian labor force for women aged 20 to 24 in the U.S. on a quarterly basis. This demographic-specific metric provides insight into workforce trends and can inform economic and social policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau and Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to monitor the evolving role of young women in the U.S. labor force and economy.
Key Facts
- The labor force participation rate for women aged 20-24 was 69.7% in Q4 2022.
- The number of employed women aged 20-24 reached 10.7 million in Q4 2022.
- The unemployment rate for women aged 20-24 was 6.5% in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the total civilian labor force for women aged 20 to 24 in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the participation and employment of young women in the U.S. labor market, which is crucial for understanding broader economic and social trends.
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 and Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the evolving role of young women in the U.S. labor force and economy, which can inform employment, education, and social policies.
Q: Are there update delays or limitations?
A: The Quarterly data is published with a lag of approximately one month following the end of each quarter.
Related Trends
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Composite Leading Indicators: Reference Series (GDP) Normalized for G7
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Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for G7
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Infra-Annual Labor Statistics: Unemployment Male: From 15 to 24 Years for G7
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Citation
U.S. Federal Reserve, Quarterly (LFWA24FEG7Q647N), retrieved from FRED.