Quarterly, Seasonally Adjusted
LFHUADMAG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,768,000.00
Year-over-Year Change
-17.86%
Date Range
1/1/2004 - 7/1/2017
Summary
This economic trend measures the quarterly unemployment rate for the Asian American population in the United States, adjusted for seasonal variations. It provides important insights into the labor market dynamics of this demographic group.
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 for Asian Americans is a key economic indicator that tracks the employment status of this minority population. It is used by policymakers, researchers, and economists to analyze labor force trends and inform policy decisions.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by government agencies, academic institutions, and advocacy organizations to assess the economic well-being and labor market participation of Asian Americans.
Key Facts
- Asian Americans make up over 6% of the U.S. population.
- The unemployment rate for Asian Americans is typically lower than the national average.
- Quarterly data provides more timely insights than annual figures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly unemployment rate for the Asian American population in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market dynamics of the Asian American population, which is useful for policymakers, researchers, and economists analyzing employment trends and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household 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: This trend is closely monitored by government agencies, academic institutions, and advocacy organizations to assess the economic well-being and labor market participation of Asian Americans, which informs policy decisions.
Q: Are there update delays or limitations?
A: The quarterly data provides more timely insights than annual figures, but there may be some delays in data availability due to the survey collection and processing timeline.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHUADMAG7Q647S), retrieved from FRED.