Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Slovak Republic
Monthly, Seasonally Adjusted
LFHUTTMASKM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71,000.00
Year-over-Year Change
0.00%
Date Range
1/1/1995 - 6/1/2025
Summary
This trend measures the monthly, seasonally adjusted unemployment rate for the U.S. It is a key indicator of labor market health 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 monthly, seasonally adjusted unemployment rate is a widely followed economic indicator that tracks the percentage of the civilian labor force that is jobless. It is used by policymakers, analysts, and businesses to assess overall economic conditions and labor market trends.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The current U.S. unemployment rate is 3.5%.
- The unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The Federal Reserve targets an unemployment rate of around 4% as part of its dual mandate.
FAQs
Q: What does this economic trend measure?
A: The monthly, seasonally adjusted unemployment rate measures the percentage of the civilian labor force that is jobless and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical indicator of overall economic health and a key factor in policy decisions made by the Federal Reserve and other institutions.
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.
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 policy decisions aimed at achieving maximum employment and price stability.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a lag of approximately one to two weeks.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LFHUTTMASKM647S), retrieved from FRED.