Harmonized Unemployment: Aged 15-24: All Persons for the European Union
Percent, Quarterly, Not Seasonally Adjusted
LRHU24TTEUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.07
Year-over-Year Change
-22.14%
Date Range
1/1/2000 - 10/1/2019
Summary
This economic trend measures the quarterly percent change in the unemployment rate for the United States, not adjusted for seasonal variations. It provides insight into the labor market's performance and is a key indicator 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 Percent, Quarterly, Not Seasonally Adjusted trend represents the quarter-over-quarter percentage change in the unemployment rate in the U.S. This unadjusted data is useful for analyzing labor market dynamics and identifying underlying economic trends, particularly when compared to seasonally adjusted figures.
Methodology
The data is calculated by the U.S. Federal Reserve based on surveys of households.
Historical Context
Policymakers and market analysts closely monitor this trend to gauge the strength of the economy and inform decisions.
Key Facts
- The data is released quarterly by the U.S. Federal Reserve.
- The trend measures the unadjusted quarter-over-quarter percent change in the unemployment rate.
- Economists use this metric to analyze labor market dynamics and overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly percent change in the unemployment rate for the United States, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted data provides valuable insights into the underlying dynamics of the labor market, which is a key indicator of overall economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on surveys of households.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this trend to gauge the strength of the economy and inform decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Federal Reserve, with some potential delays in publication.
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Citation
U.S. Federal Reserve, Percent, Quarterly, Not Seasonally Adjusted (LRHU24TTEUQ156N), retrieved from FRED.