Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for Czechia
Annual, Seasonally Adjusted
LFHUTTFECZA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76,083.34
Year-over-Year Change
-59.69%
Date Range
1/1/1993 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted unemployment rate in the United States. The unemployment rate is a key economic indicator tracked closely by policymakers and analysts.
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 annual, seasonally adjusted unemployment rate tracks the percentage of the total labor force that is jobless but actively seeking employment and available for work. It is a widely used metric for assessing the health of the U.S. labor market and broader economy.
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 Federal Reserve monetary policy decisions and economic forecasting.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The current unemployment rate is 3.5% as of January 2023.
- The lowest recorded U.S. unemployment rate was 2.5% in 1953.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, seasonally adjusted unemployment rate in the United States, which tracks the percentage of the total labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market health and economic conditions, making it highly relevant for policymakers, economists, and market analysts.
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 Federal Reserve monetary policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of a few weeks.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHUTTFECZA647S), retrieved from FRED.