Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for OECD

OECDLFHUTTTTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

34,400,050.00

Year-over-Year Change

-2.11%

Date Range

1/1/2001 - 1/1/2025

Summary

The Monthly Unemployment Total: 15 Years or over for OECD measures the total number of unemployed individuals aged 15 and above across OECD member countries. This key labor market indicator provides insights into economic conditions and workforce dynamics.

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 tracks the monthly total unemployment figure for the OECD, which comprises 38 of the world's most advanced economies. The unemployment rate is a critical measure of labor market health and a leading indicator for policymakers and analysts assessing macroeconomic performance.

Methodology

The data is collected through national labor force surveys conducted by OECD member states.

Historical Context

Unemployment figures help guide monetary and fiscal policy decisions made by central banks and governments.

Key Facts

  • Unemployment is a key indicator of economic health.
  • OECD member countries account for over 60% of global GDP.
  • Unemployment data helps shape policy decisions.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the total number of unemployed individuals aged 15 and above across OECD member countries.

Q: Why is this trend relevant for users or analysts?

A: The unemployment rate is a critical measure of labor market health and a leading indicator for policymakers and analysts assessing macroeconomic performance.

Q: How is this data collected or calculated?

A: The data is collected through national labor force surveys conducted by OECD member states.

Q: How is this trend used in economic policy?

A: Unemployment figures help guide monetary and fiscal policy decisions made by central banks and governments.

Q: Are there update delays or limitations?

A: The data is published monthly, but there may be delays in reporting from some OECD member countries.

Related Trends

Citation

U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for OECD (OECDLFHUTTTTSTSAQ), retrieved from FRED.