Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Luxembourg
Quarterly, Not Seasonally Adjusted
LRUN24MALUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.76
Year-over-Year Change
-29.41%
Date Range
4/1/1999 - 1/1/2025
Summary
This economic trend measures the labor force participation rate for the U.S. on a quarterly, not seasonally adjusted basis. It provides insights into workforce dynamics and labor market engagement.
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 non-institutional population that is either employed or actively seeking work. This metric is a key indicator of economic activity and labor market health.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and analysts to assess labor market conditions and inform economic policy decisions.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for older workers and those with disabilities.
- Labor force participation is a critical factor in economic growth and productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate, which represents the percentage of the civilian non-institutional population that is 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 indicator of economic activity and labor market health, providing insights into workforce dynamics and engagement.
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 labor force participation rate is closely monitored by policymakers, economists, and analysts to assess labor market conditions and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN24MALUQ156N), retrieved from FRED.