Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for OECD
Quarterly, Seasonally Adjusted
OECDLFHU24MASTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,795,022.00
Year-over-Year Change
2.43%
Date Range
1/1/2007 - 1/1/2025
Summary
This economic indicator measures the quarterly, seasonally adjusted employment level in the United States. It provides valuable insights into the country's labor market dynamics and is closely monitored by economists and policymakers.
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 Quarterly, Seasonally Adjusted employment level tracks the total number of employed persons in the U.S. on a quarterly basis, with adjustments made to account for seasonal fluctuations. This metric is a key barometer of the overall health and stability of the labor market.
Methodology
The data is collected and calculated by the Organization for Economic Co-operation and Development (OECD) based on information from the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to inform decisions and assessments related to employment, economic growth, and workforce-based policies.
Key Facts
- The employment level is a key measure of economic health.
- Seasonal adjustments help identify underlying trends.
- Quarterly data provides more timely insights than annual figures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on a quarterly basis, with adjustments made to account for seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: The quarterly, seasonally adjusted employment level is a crucial indicator of the overall health and stability of the U.S. labor market, which is closely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on information from the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to inform decisions and assessments related to employment, economic growth, and workforce-based policies.
Q: Are there update delays or limitations?
A: There may be minor update delays as the OECD compiles the data from the U.S. Bureau of Labor Statistics, but the quarterly frequency provides timely insights into the labor market.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (OECDLFHU24MASTSAQ), retrieved from FRED.