Employment Rate: Aged 15-24: All Persons for the European Union
Annual, Not Seasonally Adjusted
LREM24TTEUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.73
Year-over-Year Change
-3.90%
Date Range
1/1/2005 - 1/1/2019
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the year-over-year change in employment levels across the U.S., providing insights into broader labor market dynamics.
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 annual, unadjusted employment metric offers a high-level perspective on the overall strength and trends in the U.S. workforce. It is a key indicator used by economists, policymakers, and analysts to assess the health and trajectory of the national economy.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The U.S. economy added over 4 million jobs in 2022.
- Employment levels remain below pre-pandemic highs.
- The services sector has led job growth in the economic recovery.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the year-over-year change in total employment levels across the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a high-level perspective on the strength and trajectory of the U.S. labor market, which is a key indicator of overall economic health.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this employment trend to inform decisions on monetary policy and other economic interventions.
Q: Are there update delays or limitations?
A: The annual, unadjusted employment data is released with a slight lag, typically a few months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM24TTEUA156S), retrieved from FRED.