Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Austria
Monthly, Not Seasonally Adjusted
LFHUADTTATM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
176,000.00
Year-over-Year Change
-9.74%
Date Range
1/1/1994 - 11/1/2023
Summary
This series measures the monthly unemployment rate in the United States on a non-seasonally adjusted basis. The unemployment rate is a key economic indicator used 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 non-seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless. This metric is widely followed by economists, policymakers, and market participants to gauge the overall strength of the U.S. economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a crucial input for monetary and fiscal policy decisions.
Key Facts
- The non-seasonally adjusted unemployment rate was 3.7% in September 2022.
- The rate has declined from a pandemic high of 14.7% in April 2020.
- Unemployment levels vary significantly by demographic and geographic factors.
FAQs
Q: What does this economic trend measure?
A: This series tracks the monthly unemployment rate in the United States on a non-seasonally adjusted basis, reflecting the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The non-seasonally adjusted unemployment rate is a crucial indicator of labor market health and a key input for economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
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 policymakers.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of several weeks, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHUADTTATM647N), retrieved from FRED.