Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Australia
Quarterly, Not Seasonally Adjusted
LFHUADMAAUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
173,042.37
Year-over-Year Change
-50.58%
Date Range
4/1/1978 - 7/1/2023
Summary
This series measures the unemployment rate in the United States on a quarterly, not seasonally adjusted basis. It provides important insights into the labor market and is closely monitored by economists and policymakers.
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 tracks the percentage of the civilian labor force that is without a job but actively seeking employment, reported on a quarterly schedule without seasonal adjustments. This raw data offers a complementary perspective to the more widely reported monthly, seasonally adjusted unemployment rate.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a key economic indicator used to assess the health of the labor market and inform fiscal and monetary policy decisions.
Key Facts
- The U.S. unemployment rate averaged 5.7% in 2022.
- Quarterly data can reveal seasonal patterns not evident in monthly figures.
- The unemployment rate is a lagging indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the U.S. civilian labor force that is unemployed and actively seeking work, reported on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The quarterly, non-seasonally adjusted unemployment rate provides a complementary perspective to the more widely reported monthly, seasonally adjusted figure, offering insights into underlying labor market trends.
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.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key indicator used by policymakers, economists, and market analysts to assess the health of the labor market and inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in data availability, as the quarterly unemployment rate is released on a delayed schedule compared to the monthly figures.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHUADMAAUQ647N), retrieved from FRED.