Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for Japan
Monthly, Seasonally Adjusted
LRHU24TTJPM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.90
Year-over-Year Change
0.00%
Date Range
1/1/1968 - 6/1/2025
Summary
The 'Monthly, Seasonally Adjusted' trend measures the total number of hours worked per month by production and nonsupervisory employees in the U.S. manufacturing sector, adjusted for seasonal variations. This metric provides insight into employment and output levels in the manufacturing industry.
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 total hours worked per month by production and non-supervisory staff in U.S. manufacturing is a key indicator of labor input and production capacity. Analysts use this data to assess the health and trends of the manufacturing sector, which is a significant driver of economic growth.
Methodology
The data is collected through employer surveys and adjusted for seasonal factors by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this metric to evaluate the state of the manufacturing economy and inform decisions on fiscal and monetary policy.
Key Facts
- Manufacturing accounts for approximately 11% of U.S. GDP.
- Total manufacturing hours worked peaked in 2018 and have declined since.
- The COVID-19 pandemic significantly reduced manufacturing hours in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of hours worked per month by production and non-supervisory employees in the U.S. manufacturing sector, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The total hours worked in manufacturing is a key indicator of labor input and production capacity, providing insight into the health and performance of the manufacturing industry, a significant driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys and adjusted for seasonal factors by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to evaluate the state of the manufacturing economy and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, with a typical lag of one to two months.
Related Trends
Number of Listed Companies for Japan
DDOM01JPA644NWDB
Cash surplus/deficit (% of GDP) for Japan
CASHBLJPA188A
Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Japan
LFEM64TTJPM647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Japan
JPNCP060000IXOBM
Projection of General government gross debt for Japan
GGGDTPJPA188N
National Accounts: Real Gross Domestic Product for Japan
JPNNGDPRPCPPPT
Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LRHU24TTJPM156S), retrieved from FRED.