Federal government; taxes receivable; asset, Level
Quarterly
FGTAREQ027S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
448,125.00
Year-over-Year Change
158.32%
Date Range
10/1/1945 - 4/1/2018
Summary
The Quarterly Unemployment Rate measures the percentage of the U.S. civilian labor force that is unemployed. It is a key indicator of labor market health and economic performance.
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 Unemployment Rate tracks the share of eligible workers in the U.S. who are jobless but actively seeking employment. It is a widely monitored statistic used by policymakers, businesses, and analysts to assess the overall strength of the economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a crucial input for Federal Reserve monetary policy decisions and is closely watched by financial markets.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The rate has steadily declined since the 2008-2009 recession, falling below 4% in 2019.
- Unemployment varies significantly by demographic factors like age, gender, and race.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Unemployment Rate tracks the share of the U.S. civilian labor force that is jobless but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of overall labor market health and a key input for economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and factors into its monetary policy decisions.
Q: Are there update delays or limitations?
A: The quarterly unemployment data is published with a short lag time, typically 1-2 months after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly Unemployment Rate (FGTAREQ027S), retrieved from FRED.