Employed Persons in Oregon
Annual, Not Seasonally Adjusted
LAUST410000000000005A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,105,973.00
Year-over-Year Change
17.64%
Date Range
1/1/1976 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted economic trend measures the national unemployment rate in the United States. This provides key insights into the overall strength of the labor market.
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 metric tracks the percentage of the civilian labor force that is unemployed but actively seeking work. It is a widely watched indicator of economic performance and a crucial input for policymakers, investors, and economists.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a core macroeconomic indicator used to assess the health of the labor market and broader economy.
Key Facts
- The U.S. unemployment rate has ranged from around 3% to 10% over the past two decades.
- The unemployment rate is a lagging economic indicator, typically rising after a recession begins.
- High unemployment is associated with reduced consumer spending and economic growth.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the percentage of the civilian labor force in the United States that is unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical indicator of the overall health of the labor market and broader economy. It provides important insights for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected through the 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 key input for monetary and fiscal policymakers, who use it to assess the strength of the labor market and make decisions to support employment and economic growth.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly with a short delay, providing timely insights into labor market conditions.
Related Trends
90% Confidence Interval Lower Bound of Estimate of People Under Age 5 in Poverty for Oregon
PECILB0T4OR41000A647NCEN
All Employees: Financial Activities in Oregon
ORFIRE
Real Gross Domestic Product: Truck Transportation (484) in Oregon
ORTRUCKTRANRGSP
Business Applications: Total for All NAICS in Oregon
BABATOTALSAOR
All Employees: Government in Oregon
ORGOVT
Other Services (except Public Administration) Earnings in Oregon
OREOTH
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST410000000000005A), retrieved from FRED.