Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Portugal

Monthly, Not Seasonally Adjusted

LFHUADMAPTM647N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

118,000.00

Year-over-Year Change

-3.28%

Date Range

1/1/1998 - 11/1/2023

Summary

This series measures the monthly unemployment rate in the United States, not seasonally adjusted. The unemployment rate is a key economic indicator tracked by policymakers and analysts 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 monthly unemployment rate, not seasonally adjusted, represents the percentage of the civilian labor force that is without a job but actively seeking work. This metric provides unsmoothed, raw data on employment trends that can complement the 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 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 civilian labor force participation rate was 62.4% as of January 2023.
  • Youth unemployment (ages 16-24) is typically higher than the overall rate.

FAQs

Q: What does this economic trend measure?

A: This series measures the monthly unemployment rate in the United States, which represents the percentage of the civilian labor force that is without a job but actively seeking work.

Q: Why is this trend relevant for users or analysts?

A: The unemployment rate is a key economic indicator tracked by policymakers, investors, and analysts to assess the health of the labor market and inform economic policy decisions.

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 crucial input for monetary and fiscal policy decisions made by the Federal Reserve and government institutions.

Q: Are there update delays or limitations?

A: The unemployment rate data is released monthly with a short lag, typically within a few weeks of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHUADMAPTM647N), retrieved from FRED.