Employed Persons in Northeast Census Region
Annual, Not Seasonally Adjusted
LAURD910000000000005A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,399,903.00
Year-over-Year Change
8.29%
Date Range
1/1/1976 - 1/1/2024
Summary
This series measures the annual unemployment rate for the U.S. labor force, without seasonal adjustments. It provides key insights into long-term employment trends and is a crucial economic indicator for policymakers.
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 annual, not seasonally adjusted unemployment rate tracks the percentage of the total U.S. civilian labor force that is jobless. This unadjusted figure offers a raw view of yearly employment dynamics, complementing seasonally adjusted data used for month-to-month analysis.
Methodology
The data is collected through household surveys by the U.S. Bureau of Labor Statistics.
Historical Context
The annual unemployment rate is a leading indicator used by the Federal Reserve, Congress, and private analysts to guide economic and policy decisions.
Key Facts
- The annual unemployment rate averaged 5.3% from 2010-2019.
- The rate peaked at 14.7% in 2020 due to the COVID-19 pandemic.
- Long-term trends in the annual rate reflect structural changes in the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual unemployment rate for the total U.S. civilian labor force, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The annual, unadjusted unemployment rate provides key insights into long-term employment trends and is a crucial economic indicator used by policymakers.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The annual unemployment rate is a leading indicator used by the Federal Reserve, Congress, and private analysts to guide economic and policy decisions.
Q: Are there update delays or limitations?
A: There may be some delay in publishing the annual, unadjusted unemployment rate data compared to the monthly, seasonally adjusted figures.
Related Trends
Income Before Taxes: Social Security, Private & Government Retirement by Region: Residence in the Northeast Census Region
CXURETIRINCLB1102M
Expenditures: Other Vehicle Expenses by Region: Residence in the Northeast Census Region
CXUVEHOTHXPLB1102M
Personal Taxes: State and Local Income Taxes by Region: Residence in the Northeast Census Region
CXUSTATETAXLB1102M
New Privately Owned Housing Starts by Purpose of Construction, Built for Rent Two or More Units in the Northeast Census Region
HOUSTPFR2UMNEQ
Expenditures: Household Operations by Region: Residence in the Northeast Census Region
CXUHHOPERLB1102M
Income Before Taxes: Wages and Salaries by Region: Residence in the Northeast Census Region
CXU900000LB1102M
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAURD910000000000005A), retrieved from FRED.