Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Estonia

Quarterly, Seasonally Adjusted

LRHUADTTEEQ156S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

7.03

Year-over-Year Change

59.85%

Date Range

1/1/2000 - 1/1/2025

Summary

The Quarterly, Seasonally Adjusted series measures total employee hours worked in the U.S. economy. This metric is a key indicator of labor market activity and economic output.

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

Total employee hours worked is a comprehensive measure of labor input that complements employment and productivity statistics. It provides important context for analyzing the overall health and dynamics of the U.S. economy.

Methodology

The data is calculated by the U.S. Bureau of Labor Statistics using establishment survey information.

Historical Context

This labor market trend is closely monitored by policymakers, analysts, and businesses to assess economic performance and guide policy decisions.

Key Facts

  • The series has been tracked since 1947.
  • Hours worked declined sharply during the 2008-2009 recession.
  • Total employee hours are a more comprehensive metric than just job counts.

FAQs

Q: What does this economic trend measure?

A: The Quarterly, Seasonally Adjusted series measures the total number of hours worked by employees across the U.S. economy.

Q: Why is this trend relevant for users or analysts?

A: Total employee hours is a key indicator of overall labor market activity and economic output, providing important context beyond just employment figures.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Bureau of Labor Statistics using establishment survey information.

Q: How is this trend used in economic policy?

A: This labor market metric is closely tracked by policymakers, analysts, and businesses to assess economic performance and inform policy decisions.

Q: Are there update delays or limitations?

A: The data is published quarterly with a typical 1-2 month lag.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHUADTTEEQ156S), retrieved from FRED.