Unemployed Persons in Midwest Census Region
Monthly, Not Seasonally Adjusted
LAURD920000000000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,557,969.00
Year-over-Year Change
-1.99%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' series measures the unemployment rate in the U.S. labor force. This key economic indicator is crucial for policymakers and analysts to understand labor market trends.
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
This unemployment rate metric tracks the percentage of the total labor force that is jobless, excluding seasonal variations. It provides insights into the overall health and utilization of the U.S. workforce.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Unemployment rates are a key input for Federal Reserve and government economic policy decisions.
Key Facts
- Unemployment rate was 3.5% in January 2020, prior to the COVID-19 pandemic.
- Unemployment spiked to 14.7% in April 2020 due to pandemic-related job losses.
- The unemployment rate has since declined but remains above pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' series measures the percentage of the total U.S. labor force that is jobless, excluding seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Unemployment rates are a crucial indicator of labor market health and utilization, providing important insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Unemployment rates are a key input for Federal Reserve and government economic policy decisions, such as interest rate adjustments and fiscal stimulus measures.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with a typical lag of around one month.
Related Trends
Unemployed Persons in Midwest Census Region
LASRD920000000000004
New Privately Owned Housing Starts by Purpose of Construction, Contractor-Built One-Family Units in the Midwest Census Region
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New Privately Owned Housing Completions Average Square Feet of Floor Area for One-Family Units in the Midwest Census Region
COMPSFLAA1FMWQ
Housing Inventory Estimate: Year-Round Vacant Housing Units in the Midwest Census Region
EYRVACMWQ176N
Other Separations: Total Nonfarm in Midwest Census Region
JTU00MWOSR
Housing Inventory Estimate: Occupied Housing Units in the Midwest Census Region
EOCCMWQ176N
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LAURD920000000000004), retrieved from FRED.