Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Estonia
Quarterly, Seasonally Adjusted
LFHUADFEEEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,666.67
Year-over-Year Change
4.84%
Date Range
1/1/2000 - 7/1/2023
Summary
This series measures the quarterly, seasonally adjusted unemployment rate in the United States. It is a key indicator of the overall health of the labor market and economic conditions.
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, seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment. This metric is widely used by economists, policymakers, and analysts to assess the strength of the U.S. economy.
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 crucial input for monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The average quarterly, seasonally adjusted unemployment rate from 2010-2019 was 6.2%.
- The unemployment rate is considered a lagging economic indicator, as it typically rises after a recession begins.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly, seasonally adjusted unemployment rate in 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: The unemployment rate is a key indicator of the overall health of the labor market and the broader economy. It is closely monitored by economists, policymakers, and market participants to assess economic conditions and guide policy decisions.
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 crucial input for monetary and fiscal policy decisions, as policymakers use it to evaluate the strength of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly, with a lag of approximately one month. There may be some seasonal adjustments and revisions to the historical data over time.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHUADFEEEQ647S), retrieved from FRED.