Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Luxembourg
Annual, Seasonally Adjusted
LFHUTTMALUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,750.00
Year-over-Year Change
88.00%
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 for policymakers and analysts 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 tracks the percentage of the U.S. civilian labor force that is jobless but actively seeking employment. It is a widely-followed indicator of economic activity and a core data point in assessing the overall strength of the American workforce.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policies.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The natural rate of unemployment is estimated to be around 4-5% in a healthy economy.
- Long-term unemployment is a key concern for economists and policymakers.
FAQs
Q: What does this economic trend measure?
A: The annual, seasonally adjusted unemployment rate tracks the percentage of the U.S. 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 widely-followed indicator of economic activity and a core data point in assessing the overall strength of the American workforce.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a typical release lag of around 2-3 weeks.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHUTTMALUA647S), retrieved from FRED.