Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Czechia
Monthly, Not Seasonally Adjusted
LRHU24MACZM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.10
Year-over-Year Change
13.91%
Date Range
1/1/1993 - 6/1/2025
Summary
This series measures the monthly unemployment rate in the United States, not seasonally adjusted. It provides a clear indication of labor market conditions and is a key metric for economists and policymakers.
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 monthly unemployment rate is a crucial economic indicator that reflects the overall health of the labor market. It represents the percentage of the civilian labor force that is jobless but actively seeking employment. This data series is used to analyze employment trends and inform economic policy decisions.
Methodology
The unemployment rate is calculated by the U.S. Bureau of Labor Statistics based on household survey data.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve, government agencies, and market participants to assess the state of the economy and guide economic policy.
Key Facts
- The U.S. unemployment rate averaged 5.4% in 2022.
- The unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The unemployment rate is a lagging economic indicator, reflecting changes in the labor market after they have occurred.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly unemployment rate in the United States, which represents the percentage of the civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the overall health of the labor market and the broader economy. It is closely monitored by policymakers, economists, and market participants to assess economic conditions and inform decision-making.
Q: How is this data collected or calculated?
A: The unemployment rate is calculated by the U.S. Bureau of Labor Statistics based on household survey data.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key metric used by the Federal Reserve and other policymakers to evaluate the state of the economy and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly by the Bureau of Labor Statistics, with a typical release lag of around two weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRHU24MACZM156N), retrieved from FRED.