Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Canada
Quarterly, Not Seasonally Adjusted
LREM24TTCAQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.47
Year-over-Year Change
-8.62%
Date Range
1/1/1976 - 4/1/2025
Summary
The 'Quarterly, Not Seasonally Adjusted' trend measures the percentage of the U.S. civilian noninstitutional population age 16 and over who are employed. This key labor market indicator provides insight into the overall health and direction of the economy.
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 non-seasonally adjusted employment rate tracks the share of the working-age population that is currently employed, regardless of factors like seasonal hiring patterns. Economists and policymakers closely monitor this metric to gauge the strength of the labor market and broader economic conditions.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Changes in the employment rate can influence Federal Reserve monetary policy decisions and consumer/business confidence.
Key Facts
- The employment rate reached a low of 56.8% in April 2020 during the COVID-19 pandemic.
- The rate has gradually recovered, reaching 59.3% as of the latest data in Q4 2022.
- Employment levels are a key factor in assessing the overall strength of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Not Seasonally Adjusted' trend measures the percentage of the U.S. civilian population aged 16 and over who are employed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into the health and direction of the labor market, which is a key driver of overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: Changes in the employment rate can influence Federal Reserve monetary policy decisions and impact consumer/business confidence.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short lag, providing timely information on labor market trends.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM24TTCAQ156N), retrieved from FRED.