Employed Persons in Maine
Monthly, Not Seasonally Adjusted
LAUST230000000000005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
696,547.00
Year-over-Year Change
0.32%
Date Range
1/1/1976 - 6/1/2025
Summary
This economic trend measures the monthly unemployment rate in the United States, which is a key indicator of overall economic performance and labor market conditions.
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 U.S. monthly unemployment rate, not seasonally adjusted, tracks the percentage of the civilian labor force that is jobless but actively seeking employment. It is a fundamental metric used by economists, policymakers, and market analysts to assess the strength of the U.S. economy.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. unemployment rate averaged 5.9% in 2022.
- Unemployment rates typically rise during economic recessions.
- The lowest recorded U.S. unemployment rate was 3.5% in 2019.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate in the United States, which is the percentage of the civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of overall economic performance and labor market conditions, and is closely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS) conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The unemployment rate data is released on a monthly basis with minimal delays, providing timely insights into the U.S. labor market.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LAUST230000000000005), retrieved from FRED.