Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Estonia
Annual, Seasonally Adjusted
LRHUADTTEEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.58
Year-over-Year Change
-24.86%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted employment-to-population ratio for those aged 16 and over in the United States. It provides insight into the strength of the labor market and participation in the workforce.
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 employment-to-population ratio is a key indicator of economic activity and labor force utilization. It represents the proportion of the civilian non-institutional population that is employed. Economists and policymakers monitor this metric to assess employment trends and the overall health of the U.S. economy.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This ratio is widely used to evaluate the performance of the U.S. labor market and can inform economic policy decisions.
Key Facts
- The employment-to-population ratio reached a record high of 63.4% in April 2000.
- The ratio fell sharply during the Great Recession, reaching a low of 58.2% in April 2010.
- As of the latest data, the employment-to-population ratio stands at 60.1%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of the civilian non-institutional population aged 16 and over that is employed in the United States.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a key indicator of the strength of the labor market and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This ratio is widely used by economists, policymakers, and market analysts to evaluate the performance of the U.S. labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The employment-to-population ratio data is released monthly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHUADTTEEA156S), retrieved from FRED.