Civilian Labor Force in Puerto Rico
Annual, Not Seasonally Adjusted
LAUST720000000000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,221,822.00
Year-over-Year Change
0.13%
Date Range
1/1/1976 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate for the United States. Understanding unemployment levels is crucial for policymakers and economists to assess the health 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
The annual, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment. This provides a high-level overview of long-term employment trends, complementing monthly data that captures short-term fluctuations.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Unemployment trends are closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Key Facts
- The annual unemployment rate averaged 5.3% in 2022.
- Unemployment tends to rise during economic downturns.
- Long-term unemployment can have negative impacts on workers and the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate for the United States, which represents 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: Understanding unemployment levels is crucial for policymakers and economists to assess the overall health of the labor market and make informed decisions about economic and monetary policies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Unemployment trends are closely monitored by the Federal Reserve and other policymakers to inform their decisions on economic and monetary policies.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is subject to the same publication schedule and potential revisions as the monthly unemployment data released by the Bureau of Labor Statistics.
Related Trends
Civilian Labor Force in Puerto Rico
PRLF
Population ages 65 and above for Puerto Rico
SPPOP65UPTOZSPRI
All Employees: Leisure and Hospitality: Accommodation in Puerto Rico
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Average Hourly Earnings of All Employees: Total Private in Puerto Rico
SMU72000000500000003
All Employees: Health Care: Ambulatory Health Care Services in Puerto Rico
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Average Weekly Hours of All Employees: Total Private in Puerto Rico
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST720000000000006A), retrieved from FRED.