Monthly, Not Seasonally Adjusted

LFHUADTTG7M647N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

13,688,000.00

Year-over-Year Change

-8.33%

Date Range

1/1/1995 - 9/1/2017

Summary

This series measures the total unemployed persons in the United States on a monthly basis, without seasonal adjustments. It provides an important snapshot of the nation's labor market conditions.

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 'Total Unemployed, 15 years and over, Not Seasonally Adjusted' series tracks the total number of unemployed individuals in the U.S. labor force on a monthly basis. This unadjusted figure offers a raw view of unemployment trends that can complement seasonally adjusted data.

Methodology

The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.

Historical Context

This unemployment metric is closely watched by policymakers, economists, and market analysts to gauge the strength of the U.S. labor market.

Key Facts

  • The U.S. unemployment rate reached a high of 14.7% in April 2020 during the COVID-19 pandemic.
  • Unemployment benefits are a key part of the social safety net for displaced workers.
  • The U.S. labor force participation rate was 62.2% as of May 2023.

FAQs

Q: What does this economic trend measure?

A: This series tracks the total number of unemployed individuals in the U.S. labor force on a monthly basis, without seasonal adjustments.

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

A: The unadjusted unemployment figure provides a raw view of labor market conditions that can complement seasonally adjusted data, offering insights for policymakers, economists, and market analysts.

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.

Q: How is this trend used in economic policy?

A: This unemployment metric is closely watched by policymakers to gauge the strength of the U.S. labor market and inform decisions on economic and workforce policies.

Q: Are there update delays or limitations?

A: The data is published monthly, but there may be a lag of several weeks between the reference period and the release date.

Related Trends

Citation

U.S. Federal Reserve, Total Unemployed, 15 years and over, Not Seasonally Adjusted (LFHUADTTG7M647N), retrieved from FRED.