Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 24 Years for France
Annual, Seasonally Adjusted
LRUN24FEFRA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.28
Year-over-Year Change
-34.41%
Date Range
1/1/2003 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the national unemployment rate in the United States. This key economic indicator is closely tracked by policymakers and analysts to assess the health of the labor market.
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 unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment. Economists and policymakers use this metric to understand workforce dynamics and make informed decisions about economic and monetary policy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for the Federal Reserve's monetary policy deliberations.
Key Facts
- The U.S. unemployment rate was 3.5% in 2019, the lowest in 50 years.
- Unemployment rose sharply during the COVID-19 pandemic, reaching 14.7% in April 2020.
- The unemployment rate is a lagging economic indicator, as it typically peaks after a recession has already begun.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures the national unemployment rate in the United States, which is the percentage of the total labor force that is unemployed but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial economic indicator that provides insights into the health of the labor market. It is closely monitored by policymakers, economists, and market analysts to inform economic and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for the Federal Reserve's monetary policy deliberations, as it helps the central bank assess the overall state of the economy and make informed decisions about interest rates and other policy tools.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly by the U.S. Bureau of Labor Statistics, with a typical one-month lag in reporting.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN24FEFRA156S), retrieved from FRED.