Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for Denmark
Annual, Not Seasonally Adjusted
LRHU24TTDKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.58
Year-over-Year Change
-7.36%
Date Range
1/1/1983 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted employment level in the U.S. It provides insights into long-term employment trends and 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
The annual, not seasonally adjusted employment level tracks the total number of employed persons in the United States over a 12-month period. This metric offers a high-level view of the labor market, complementing monthly employment statistics.
Methodology
The data is collected through the Current Population Survey, a comprehensive household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor employment trends to assess the overall health of the economy.
Key Facts
- The annual employment level in the U.S. was 158.8 million in 2022.
- Employment levels typically peak in the third quarter of each year.
- The manufacturing sector accounts for approximately 10% of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted employment level in the United States, providing insights into long-term labor market trends.
Q: Why is this trend relevant for users or analysts?
A: The annual employment level is a key indicator of the overall health and strength of the U.S. economy, as it reflects the ability of the labor market to create and sustain jobs.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a comprehensive household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor employment trends to assess the overall health of the economy and inform decisions on fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The annual employment data is typically released with a short delay, as it requires the aggregation of monthly survey results over a 12-month period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHU24TTDKA156N), retrieved from FRED.