Unemployment Rate in Mississippi
Annual, Not Seasonally Adjusted
LAUST280000000000003A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.20
Year-over-Year Change
-63.64%
Date Range
1/1/1976 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted economic trend measures the total employment of the U.S. civilian labor force. This key statistic provides insights into labor market dynamics and helps inform economic policy decisions.
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 series tracks the total number of employed persons in the United States, without adjusting for seasonal factors. It is a widely-used indicator of the overall strength and health of the American economy.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This employment trend is closely monitored by policymakers, economists, and market analysts to gauge macroeconomic conditions.
Key Facts
- The U.S. civilian labor force totals over 160 million workers.
- Employment levels fluctuate seasonally, with peaks in the summer months.
- The employment-population ratio is a key indicator of economic health.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States civilian labor force, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This employment statistic is a crucial indicator of the overall strength and health of the American economy, and is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: The Annual, Not Seasonally Adjusted employment trend is used by policymakers, economists, and market analysts to gauge macroeconomic conditions and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and does not account for seasonal variations in employment levels.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST280000000000003A), retrieved from FRED.