Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Austria
Monthly, Not Seasonally Adjusted
LFHUADMAATM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96,000.00
Year-over-Year Change
-17.95%
Date Range
1/1/1994 - 11/1/2023
Summary
This economic indicator measures the monthly unemployment rate in the U.S. It provides a snapshot of the overall state of the labor market and is closely watched by policymakers and analysts.
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 monthly, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking work. It is a key metric for assessing economic conditions and the strength of the job market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a vital input for monetary and fiscal policy decisions made by the Federal Reserve and government.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The civilian labor force includes all employed and unemployed individuals aged 16 and over.
- Unemployment data is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The monthly, not seasonally adjusted unemployment rate measures the percentage of the civilian labor force that is jobless but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market conditions and the overall health of the economy, making it highly relevant for policymakers, businesses, and individuals.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a vital input for monetary and fiscal policy decisions made by the Federal Reserve and government to support employment and economic growth.
Q: Are there update delays or limitations?
A: The unemployment data is released monthly by the Bureau of Labor Statistics, with a typical 1-2 week delay after the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHUADMAATM647N), retrieved from FRED.