Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for Austria
Quarterly, Not Seasonally Adjusted
LRHU24TTATQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.07
Year-over-Year Change
20.29%
Date Range
1/1/1994 - 4/1/2025
Summary
This economic indicator measures the hourly compensation paid to U.S. workers in the nonfarm business sector on a quarterly basis, without seasonal adjustments. It provides insights into labor costs and productivity trends.
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 Quarterly, Not Seasonally Adjusted series tracks changes in the average hourly compensation, including wages and benefits, for workers in the private nonfarm business sector. This metric is a key indicator of labor market conditions and inflationary pressures.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Productivity and Costs survey of businesses.
Historical Context
Policymakers and analysts use this trend to assess the state of the labor market and inflationary dynamics.
Key Facts
- The data is released quarterly by the U.S. Bureau of Labor Statistics.
- Hourly compensation includes wages, salaries, and employer-provided benefits.
- The series is not seasonally adjusted to reflect true quarterly changes.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the average hourly compensation, including wages and benefits, paid to workers in the private nonfarm business sector on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market conditions and inflationary pressures, which are crucial for policymakers and economists in assessing the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Productivity and Costs survey of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate labor market dynamics and inflationary risks, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Labor Statistics, so there may be a delay in the most recent information being available.
Related Trends
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AUTCPHP1100IXEBM
Producer Prices Index: Economic Activities: Manufacture of Food Products: Domestic for Austria
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Bank's Net Interest Margin for Austria
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Employment to Population Rate: All Ages: Males for Austria
LREPTTMAATQ156S
Financial Market: Share Prices for Austria
SPASTT01ATM661N
Infra-Annual Labor Statistics: Unemployment Rate Male: 15 Years or over for Austria
LRUNTTMAATQ156N
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRHU24TTATQ156N), retrieved from FRED.