Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Czechia
Quarterly, Not Seasonally Adjusted
LRUN24MACZQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.60
Year-over-Year Change
31.03%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic indicator measures the U.S. labor force participation rate on a quarterly, not seasonally adjusted basis. It provides insight into the size and composition of the civilian labor force.
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 labor force participation rate represents the percentage of the civilian noninstitutional population aged 16 and older who are either employed or actively seeking work. It is a key measure of labor market dynamics and economic activity.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau for the Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess labor market conditions and make informed decisions regarding economic and employment policies.
Key Facts
- The U.S. labor force participation rate was 62.2% in Q1 2023.
- The rate has declined from a peak of 67.3% in early 2000.
- Participation rates vary by age, gender, and other demographic factors.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of the civilian noninstitutional population aged 16 and older who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key measure of labor market dynamics and economic activity, providing insight into the size and composition of the civilian labor force.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau for the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess labor market conditions and make informed decisions regarding economic and employment policies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a short delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN24MACZQ156N), retrieved from FRED.