Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for Austria
Monthly, Not Seasonally Adjusted
LRHU24FEATM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.40
Year-over-Year Change
54.02%
Date Range
1/1/1994 - 6/1/2025
Summary
This economic trend measures the U.S. labor force participation rate on a monthly basis without seasonal adjustments. It provides insight into the overall size and composition of the American workforce.
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 labor force participation rate represents the percentage of the civilian non-institutional population aged 16 and over who are either employed or actively seeking work. This unadjusted metric offers a clear view of long-term labor market trends without the effects of seasonal variations.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The participation rate is a key indicator used by policymakers, economists, and analysts to assess the health and underlying dynamics of the U.S. labor market.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for older workers and women compared to other demographic groups.
- The participation rate reached a high of 67.3% in early 2000 before declining in subsequent years.
FAQs
Q: What does this economic trend measure?
A: The monthly, not seasonally adjusted labor force participation rate represents the percentage of the civilian non-institutional population aged 16 and over who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The participation rate is a key indicator of labor market health and dynamics, providing insight into the overall size and composition of the American workforce.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and analysts use the participation rate to assess the underlying strength of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly without seasonal adjustments, providing a timely and transparent view of labor force trends.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRHU24FEATM156N), retrieved from FRED.