Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for Sweden
Annual, Seasonally Adjusted
LFHUTTFESEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
231,416.70
Year-over-Year Change
23.64%
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 metric used by policymakers and economists 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 annual, seasonally adjusted unemployment rate represents the percentage of the total labor force that is jobless but actively seeking employment. This statistic is widely tracked to evaluate economic conditions and guide fiscal and monetary policy decisions.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a vital indicator for the Federal Reserve, Congress, and other policymakers in monitoring the economy and formulating appropriate policies.
Key Facts
- The U.S. annual, seasonally adjusted unemployment rate was 3.5% in 2019.
- Unemployment rates tend to rise during economic recessions and fall during periods of economic growth.
- The Federal Reserve closely tracks the unemployment rate when setting monetary policy.
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 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 economic indicator used by policymakers, economists, and analysts to assess the health of the labor market and overall economic conditions.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a vital indicator for the Federal Reserve, Congress, and other policymakers in monitoring the economy and formulating appropriate fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The annual, seasonally adjusted unemployment rate data is typically released with a short lag, usually within a few weeks of the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHUTTFESEA647S), retrieved from FRED.