Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Canada
Quarterly, Seasonally Adjusted
LFHUTTTTCAQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,558,400.00
Year-over-Year Change
44.83%
Date Range
1/1/1955 - 4/1/2025
Summary
This data series measures the quarterly, seasonally adjusted unemployment rate in the United States. It provides a timely and comprehensive assessment of labor market conditions.
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 quarterly, seasonally adjusted unemployment rate is a key economic indicator that tracks the percentage of the civilian labor force that is jobless but actively seeking employment. It is an important metric used by policymakers, economists, and analysts to gauge the overall health of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey, 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 government agencies to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate averaged 3.8% in 2022.
- The lowest unemployment rate on record is 2.5% in 1953.
- The highest unemployment rate on record is 14.7% in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This data series measures the quarterly, seasonally adjusted unemployment rate in the United States, which is 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 crucial indicator of labor market conditions and overall economic health, and is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, 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 used by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions, as it is a key metric for assessing the overall health of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The quarterly, seasonally adjusted unemployment rate data is released by the U.S. Federal Reserve on a timely basis, with minimal delays. However, there may be limitations in capturing the full extent of labor market dynamics, especially during periods of economic volatility.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHUTTTTCAQ647S), retrieved from FRED.