Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for Estonia
Annual, Seasonally Adjusted
LFHUTTFEEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,833.33
Year-over-Year Change
-5.21%
Date Range
1/1/1997 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted unemployment rate in the United States. It is a key indicator of the health and stability 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 annual, seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment. This metric is closely monitored by policymakers, economists, and analysts to assess economic performance and guide policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical measure used to evaluate the broader state of the economy and inform monetary and fiscal policy.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The unemployment rate has historically ranged between 3-10% in the United States.
- The Bureau of Labor Statistics collects the data used to calculate the unemployment rate.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted unemployment rate in the United States, which represents the percentage of the civilian 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 the health and stability of the labor market, and it is closely monitored by policymakers, economists, and analysts to assess economic performance and guide policy decisions.
Q: How is this data collected or calculated?
A: The data used to calculate the unemployment rate 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 critical measure used to evaluate the broader state of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly by the Bureau of Labor Statistics, with a typical update delay of a few weeks.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHUTTFEEEA647S), retrieved from FRED.