Unemployment Level - Leisure and Hospitality, Private Wage and Salary Workers
LNU03032241 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
883.00
Year-over-Year Change
8.88%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment specifically in the leisure and hospitality sector for private wage workers. Provides critical insight into labor market dynamics in a volatile service industry.
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
This metric measures jobless individuals in private leisure and hospitality sectors. It reflects economic health and workforce challenges in service-based employment.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess economic recovery and targeted labor market interventions.
Key Facts
- Highly sensitive to economic disruptions
- Reflects pandemic's impact on service industries
- Critical indicator of economic resilience
FAQs
Q: Why is leisure and hospitality unemployment important?
A: It indicates economic health and consumer spending patterns. Reflects broader economic trends and recovery potential.
Q: How often is this data updated?
A: Monthly updates through the Bureau of Labor Statistics' Current Population Survey.
Q: What factors influence this unemployment level?
A: Economic conditions, seasonal trends, and industry-specific challenges impact these employment numbers.
Q: How does this metric relate to overall economic health?
A: Serves as a key indicator of economic resilience and service sector performance.
Q: Can this data predict economic trends?
A: Provides valuable insights into potential economic shifts and recovery trajectories.
Similar LNU Trends
Unemployment Level - Associate Degree, 25 to 64 years
ADEGU2564
Unemployment Level - Job Leavers
LNU03023705
Unemployment Level - Associate Degree - Occupational Program, 45 to 54 years, Men
ADOPUM4554
Unemployment Level - Associate Degree, 55 to 64 years, Men
ADEGUM5564
Unemployment Level - Bachelor's Degree and Higher, 16 years and over, Men
CGRAUM16O
Unemployment Level - Less than a High School Diploma, 55 to 64 years, Women
LHSDUW5564
Citation
U.S. Federal Reserve, Unemployment Level - Leisure and Hospitality, Private Wage and Salary Workers (LNU03032241), retrieved from FRED.