Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for Brazil
Quarterly, Seasonally Adjusted
LRUN24TTBRQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.46
Year-over-Year Change
51.14%
Date Range
4/1/2002 - 7/1/2015
Summary
The Quarterly, Seasonally Adjusted trend measures the U.S. labor force participation rate, providing critical insights into 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
This key economic indicator represents the percentage of the civilian non-institutional population aged 16 and over who are either employed or actively seeking work. It is a crucial metric for understanding workforce dynamics and the overall state of the economy.
Methodology
The data is collected and reported quarterly by the U.S. Bureau of Labor Statistics.
Historical Context
The labor force participation rate is closely monitored by policymakers and economists to inform economic and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- The rate reached a high of 67.3% in 2000 and a low of 60.2% in 2015.
- Participation rates vary significantly by age, gender, and other demographic factors.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the percentage of the civilian non-institutional population aged 16 and over 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 crucial indicator of the overall health of the labor market and the broader economy. It helps policymakers and economists understand workforce dynamics and make informed policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by policymakers and economists to inform economic and monetary policy decisions, as it provides insight into the overall state of the labor market and the economy.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical release lag of around one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN24TTBRQ156S), retrieved from FRED.