Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Estonia
Monthly, Not Seasonally Adjusted
LFHUTTTTEEM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58,000.00
Year-over-Year Change
0.00%
Date Range
1/1/1997 - 6/1/2025
Summary
This trend measures the monthly unemployment rate in the United States, without seasonal adjustments. It provides insight into underlying labor market conditions and is a key economic indicator used by policymakers and analysts.
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, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless. This unadjusted figure offers a more granular view of labor market trends compared to seasonally adjusted data, which can mask underlying volatility.
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 a crucial metric for assessing the health of the economy and informing policy decisions.
Key Facts
- The unemployment rate reached a high of 14.7% in April 2020 during the COVID-19 pandemic.
- Historically, the U.S. unemployment rate has averaged around 5-6% since the 1950s.
- The unemployment rate is a lagging economic indicator, often rising after a recession has begun.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate in the United States, without any seasonal adjustments. It provides a more raw, unfiltered view of labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted unemployment rate is a crucial indicator of the health of the labor market and the overall economy. It helps policymakers and analysts understand underlying trends that may be obscured by seasonal adjustments.
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 a key metric that informs monetary and fiscal policy decisions made by the Federal Reserve, Congress, and the White House to promote full employment and economic stability.
Q: Are there update delays or limitations?
A: The unemployment data is released monthly with a short delay, typically within a few weeks after the end of the reference period. There are no major limitations, as the data is collected through a robust, nationally representative survey.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHUTTTTEEM647N), retrieved from FRED.