Monthly
This dataset tracks monthly over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
2/1/1995 - 8/1/2022
Summary
The Monthly Unemployed Persons series measures the number of people in the United States who are unemployed and actively seeking work. This key economic indicator provides insights into 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 Monthly Unemployed Persons series is a widely tracked metric that reflects the number of individuals in the civilian labor force who are jobless but actively looking for employment. It is a vital statistic for economists, policymakers, and analysts to gauge overall economic conditions and employment trends.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical input for the Federal Reserve and other institutions when making decisions about monetary and fiscal policies.
Key Facts
- The unemployment rate is one of the key economic indicators monitored by the Federal Reserve.
- High unemployment can lead to reduced consumer spending and economic growth.
- Tracking the number of unemployed persons helps policymakers assess the strength of the labor market.
FAQs
Q: What does this economic trend measure?
A: The Monthly Unemployed Persons series measures the number of people in the United States who are unemployed and actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides insights into the health of the labor market and is a vital statistic for economists, policymakers, and analysts to gauge overall economic conditions and employment trends.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for the Federal Reserve and other institutions when making decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Monthly Unemployed Persons data is released on a timely basis by the Bureau of Labor Statistics, with minimal delays.
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Citation
U.S. Federal Reserve, Monthly Unemployed Persons (HUNREC), retrieved from FRED.