Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Norway
Quarterly, Not Seasonally Adjusted
LFHUTTTTNOQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
153,666.70
Year-over-Year Change
56.80%
Date Range
1/1/1989 - 4/1/2025
Summary
This series measures the quarterly unemployment rate in the United States on a not seasonally adjusted basis. It provides important insights into labor market dynamics and is a key indicator for economists and policymakers.
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 not seasonally adjusted quarterly unemployment rate tracks the percentage of the civilian labor force that is jobless. This metric is widely used to understand employment trends and assess the overall health of the U.S. economy.
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 a critical input for monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate averaged 5.7% in 2022.
- The highest quarterly unemployment rate on record was 14.7% in Q2 2020.
- The unemployment rate is a lagging economic indicator.
FAQs
Q: What does this economic trend measure?
A: This series tracks the quarterly unemployment rate in the United States on a not seasonally adjusted basis. It represents the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market conditions and overall economic health. It is closely watched by policymakers, economists, and investors to assess the strength of the U.S. economy.
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 a critical input for monetary and fiscal policy decisions, as it helps the Federal Reserve and policymakers gauge the state of the labor market and make appropriate adjustments to support economic growth.
Q: Are there update delays or limitations?
A: The not seasonally adjusted quarterly unemployment rate data is published with a lag, typically several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHUTTTTNOQ647N), retrieved from FRED.