Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Czechia
Quarterly, Seasonally Adjusted
LRUN24MACZQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.26
Year-over-Year Change
30.56%
Date Range
1/1/1998 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the unemployment rate in the United States, a key economic indicator closely watched by policymakers and analysts.
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
This data series provides the seasonally adjusted quarterly unemployment rate, reflecting the percentage of the civilian labor force that is jobless but actively seeking employment. It is a widely used metric for assessing the overall health of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey, a monthly survey of households conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for Federal Reserve monetary policy decisions and is closely monitored by financial markets.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 3.5% in 2019, prior to the pandemic.
- Long-term unemployment is a key concern for policymakers as it can lead to skills erosion and decreased labor force participation.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the percentage of the U.S. civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the overall health of the labor market and economy, informing policy decisions and market expectations.
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.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input for Federal Reserve monetary policy decisions and is closely monitored by financial markets and economic analysts.
Q: Are there update delays or limitations?
A: The quarterly unemployment data is published with a short lag, typically within a month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN24MACZQ156S), retrieved from FRED.