Employed Persons in Arkansas
Annual, Not Seasonally Adjusted
LAUST050000000000005A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,360,249.00
Year-over-Year Change
8.78%
Date Range
1/1/1976 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the total annual unemployment rate in the United States. It is a key indicator of labor market health and economic activity.
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 annual unemployment rate series provides an unbiased, unadjusted view of the overall employment situation in the U.S. economy. It is widely used by economists, policymakers, and analysts to assess long-term labor market trends and inform economic decision-making.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The annual unemployment rate is a critical input for fiscal and monetary policy decisions made by the Federal Reserve and other government institutions.
Key Facts
- The U.S. annual unemployment rate averaged 5.7% from 2010-2019.
- Unemployment rose sharply to 8.1% in 2020 due to the COVID-19 pandemic.
- The annual rate helps identify long-term shifts in the labor market.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the total annual unemployment rate in the United States, providing an unbiased view of the labor market.
Q: Why is this trend relevant for users or analysts?
A: This annual unemployment rate is a critical indicator of the health of the U.S. economy and labor market, used by economists, policymakers, and analysts to inform economic decision-making.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The annual unemployment rate is a key input for fiscal and monetary policy decisions made by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The annual unemployment rate data is released on a regular schedule with minimal delays, providing a reliable long-term view of the U.S. labor market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST050000000000005A), retrieved from FRED.