Quarterly, Seasonally Adjusted
LFUN24TTO1Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,739,000.00
Year-over-Year Change
-19.80%
Date Range
1/1/2005 - 4/1/2017
Summary
The Quarterly, Seasonally Adjusted series measures the total unemployment level in the United States on a quarterly, seasonally adjusted basis. This key economic indicator provides insight into labor market dynamics and is closely monitored by 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
This series represents the total number of unemployed persons in the U.S., adjusted for seasonal variations. Economists and analysts use this data to assess the overall health of the labor market and inform economic policy decisions.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
This trend is a critical input for the Federal Reserve, Congress, and other institutions when evaluating employment conditions and formulating monetary and fiscal policies.
Key Facts
- The U.S. unemployment level was 6.0 million in Q4 2022.
- The unemployment rate in Q4 2022 was 3.5%.
- Unemployment levels have declined from the pandemic peak in 2020.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of unemployed persons in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The total unemployment level is a key indicator of labor market health and a critical input for economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Q: How is this trend used in economic policy?
A: The Federal Reserve, Congress, and other institutions use this data to evaluate employment conditions and inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short lag, providing timely insight into labor market trends.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFUN24TTO1Q647S), retrieved from FRED.