Employed full time: Wage and salary workers: Installation, maintenance, and repair occupations: 16 years and over
Quarterly
LEU0254509100Q • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,184.00
Year-over-Year Change
-3.33%
Date Range
1/1/2000 - 4/1/2025
Summary
The Quarterly Unemployment Rate measures the percentage of the U.S. civilian labor force that is jobless but actively seeking employment on a quarterly basis.
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 Quarterly Unemployment Rate is a key economic indicator that reflects the overall health of the U.S. labor market. It is closely watched by policymakers, economists, and investors to gauge the strength of the economy and guide policy decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Quarterly Unemployment Rate is a widely referenced metric for evaluating the performance of the U.S. economy and assessing the effectiveness of fiscal and monetary policies.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest recorded quarterly unemployment rate was 3.5% in the fourth quarter of 2019.
- Unemployment rates tend to rise during economic recessions and fall during periods of economic growth.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Unemployment Rate measures the percentage of the U.S. civilian labor force that is jobless but actively seeking employment on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly Unemployment Rate is a key indicator of the overall health of the U.S. labor market and the broader economy, which is crucial for policymakers, economists, and investors.
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: The Quarterly Unemployment Rate is a widely referenced metric for evaluating the performance of the U.S. economy and assessing the effectiveness of fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The Quarterly Unemployment Rate data is published on a timely basis, with a typical delay of around one month after the end of the quarter.
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Citation
U.S. Federal Reserve, Quarterly Unemployment Rate (LEU0254509100Q), retrieved from FRED.