Quarterly, Not Seasonally Adjusted
LFHU24MAG7Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,619,000.00
Year-over-Year Change
-25.04%
Date Range
1/1/2004 - 7/1/2017
Summary
This series measures the quarterly unemployment rate in the United States on a not seasonally adjusted basis. Understanding this trend is crucial for economists and policymakers 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 Quarterly, Not Seasonally Adjusted unemployment rate is a key economic indicator that provides a snapshot of the U.S. job market over a three-month period. This raw data is used to analyze labor force dynamics and inform policy decisions.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this trend to gauge the broader economic conditions and employment landscape.
Key Facts
- The unemployment rate averaged 5.7% in Q4 2022.
- The rate peaked at 14.7% in Q2 2020 during the COVID-19 pandemic.
- Unemployment tends to be higher in Q1 than other quarters.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly unemployment rate in the United States on a not seasonally adjusted basis. It provides a raw snapshot of the labor market over a three-month period.
Q: Why is this trend relevant for users or analysts?
A: The quarterly unemployment rate is a crucial indicator of the health of the U.S. labor market. Economists and policymakers use this data to assess broader economic conditions and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge the broader economic conditions and employment landscape, which informs decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The quarterly unemployment rate data is released with a short lag, typically 1-2 months after the end of the quarter. There are no significant limitations on the data collection or reporting.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHU24MAG7Q647N), retrieved from FRED.