Employed Persons in North Carolina
Monthly, Not Seasonally Adjusted
LAUST370000000000005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,094,366.00
Year-over-Year Change
-0.20%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' trend measures the national unemployment rate in the United States. This key labor market indicator is closely tracked by economists and policymakers to assess economic conditions and inform 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 monthly, unadjusted unemployment rate reflects the percentage of the total civilian labor force that is jobless. It provides an unfiltered view of the labor market without the seasonal adjustments applied to the more commonly cited seasonally adjusted rate.
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 unemployment rate is a critical input for the Federal Reserve and other policymakers in evaluating the strength of the economy and setting appropriate monetary and fiscal policies.
Key Facts
- The U.S. unemployment rate averaged 5.8% in 2022.
- The highest recorded U.S. unemployment rate was 14.7% in April 2020.
- The unemployment rate is a lagging economic indicator.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the percentage of the total civilian labor force in the United States that is currently unemployed.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market conditions and overall economic health, making it a crucial metric for economists, policymakers, and market analysts.
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 unemployment rate is a critical input for the Federal Reserve and other policymakers in evaluating the strength of the economy and setting appropriate monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly with a typical lag of around two weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LAUST370000000000005), retrieved from FRED.