Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for Denmark
Annual, Seasonally Adjusted
LFHUTTFEDKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100,500.00
Year-over-Year Change
-4.96%
Date Range
1/1/1983 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted unemployment rate in the United States. It is a key indicator of labor market conditions and a critical factor in economic policy decisions.
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 provides a broad measure of labor market slack by tracking the percentage of the civilian labor force that is jobless. This metric is closely monitored by policymakers, analysts, and investors to assess the overall health 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 primary input for the Federal Reserve in setting monetary policy to achieve full employment and price stability.
Key Facts
- The current U.S. unemployment rate is 3.7%.
- The unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 2.5% in 1953.
FAQs
Q: What does this economic trend measure?
A: The annual, seasonally adjusted unemployment rate measures the percentage of the civilian labor force that is jobless and actively seeking employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of labor market conditions and a key input for policymakers, economists, and investors in assessing the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve closely monitors the unemployment rate in setting monetary policy to achieve its dual mandate of full employment and price stability.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly with a short lag, making it a timely indicator of labor market conditions.
Related Trends
Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Denmark
LFHUADMADKA647N
Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Denmark
CPGRLE01DKA657N
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Denmark
LREM74MADKQ156S
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Denmark
LREM64FEDKQ156S
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Denmark
LREM64FEDKA156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Denmark
DNKCP100000CTGYM
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHUTTFEDKA647S), retrieved from FRED.