Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for Ireland
Quarterly, Seasonally Adjusted
LRHU24MAIEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.57
Year-over-Year Change
3.93%
Date Range
1/1/1983 - 4/1/2025
Summary
This quarterly, seasonally adjusted economic trend measures average hourly earnings for production and nonsupervisory employees in the real estate and rental and leasing industry. It provides insights into labor costs and wage pressures in this important economic sector.
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 average hourly earnings series tracks changes in compensation for a sample of workers in the real estate and rental and leasing industry. It is a key indicator used by economists and policymakers to assess labor market conditions and inflationary pressures.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This earnings trend is analyzed alongside other labor market indicators to inform monetary and fiscal policy decisions.
Key Facts
- Data is reported quarterly, not monthly.
- Series is seasonally adjusted to account for regular fluctuations.
- Covers production and nonsupervisory workers only.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly earnings for production and nonsupervisory employees in the real estate and rental and leasing industry.
Q: Why is this trend relevant for users or analysts?
A: This earnings metric provides insight into labor costs and wage pressures within the real estate sector, which is an important barometer for the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This earnings trend is analyzed alongside other labor market indicators to inform monetary and fiscal policy decisions by central banks and governments.
Q: Are there update delays or limitations?
A: The data is reported quarterly, not monthly, and covers only production and nonsupervisory workers in the real estate industry.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHU24MAIEQ156S), retrieved from FRED.