Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 64 Years for G7
Seasonally Adjusted
G7LFIN64TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113,570,000.00
Year-over-Year Change
-3.38%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Seasonally Adjusted' series measures the seasonally adjusted unemployment rate for the United States. This key economic indicator is closely watched by policymakers and analysts to gauge 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
The seasonally adjusted unemployment rate adjusts for typical seasonal patterns in hiring and layoffs, providing a clearer picture of underlying employment trends. It is a widely used metric for evaluating the state of the economy and informing policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a vital statistic used by the Federal Reserve and other institutions to shape monetary and fiscal policies.
Key Facts
- The unemployment rate is measured as a percentage of the total labor force.
- Seasonal adjustments account for regular patterns like holiday hiring and summer job losses.
- The unemployment rate is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The 'Seasonally Adjusted' series measures the seasonally adjusted unemployment rate for the United States, providing a clearer picture of underlying employment trends.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a vital economic indicator closely watched by policymakers, businesses, and analysts to gauge the health of the labor market and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input used by the Federal Reserve and other institutions to shape monetary and fiscal policies aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The seasonally adjusted unemployment rate data is released monthly by the U.S. Bureau of Labor Statistics, with a short lag time between the reference period and publication.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for G7
G7LRHUADMASTSAM
Production: Industry: Total industry: Total industry excluding construction for G7
G7PRINTO01GPSAM
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for G7
G7LFEMTTTTGPQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for G7
G7CPALTT01GYM
Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for G7
G7LFEM55FEGPQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 64 Years for G7
G7LFIN64TTSTQ
Citation
U.S. Federal Reserve, Seasonally Adjusted (G7LFIN64TTSTSAQ), retrieved from FRED.