Monthly, Seasonally Adjusted
AUSURTOTMDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
598.23
Year-over-Year Change
1.42%
Date Range
2/1/1978 - 4/1/2012
Summary
The Unemployment Rate measures the percentage of the total labor force that is unemployed but actively seeking employment. This key economic indicator provides insights into the health and dynamics 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
The Unemployment Rate is a widely tracked metric that reflects the portion of the civilian labor force that is jobless but actively looking for work. It is a crucial barometer of economic conditions and a key input for policymakers in assessing the state of the economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The Unemployment Rate is a closely watched indicator used by the Federal Reserve, government officials, and market analysts to gauge the overall strength of the labor market and inform economic and policy decisions.
Key Facts
- The current Unemployment Rate is XX.X%.
- The Unemployment Rate reached a peak of XX.X% during the [recession/pandemic].
- Changes in the Unemployment Rate are a key factor in Federal Reserve monetary policy decisions.
FAQs
Q: What does the Unemployment Rate measure?
A: The Unemployment Rate measures the percentage of the total labor force that is unemployed but actively seeking employment.
Q: Why is the Unemployment Rate relevant for users or analysts?
A: The Unemployment Rate is a crucial economic indicator that provides insights into the health and dynamics of the labor market, which is a key factor in assessing the overall state of the economy.
Q: How is the Unemployment Rate data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is the Unemployment Rate used in economic policy?
A: The Unemployment Rate is a closely watched indicator used by the Federal Reserve, government officials, and market analysts to gauge the overall strength of the labor market and inform economic and policy decisions.
Q: Are there any update delays or limitations with the Unemployment Rate data?
A: The Unemployment Rate data is typically released on a monthly basis, with a short delay from the reference period. While the data is comprehensive, it may not capture all nuances of the labor market.
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Citation
U.S. Federal Reserve, Unemployment Rate (AUSURTOTMDSMEI), retrieved from FRED.