Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for Denmark
Annual, Seasonally Adjusted
LFUN64MADKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98,250.00
Year-over-Year Change
-16.49%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted unemployment rate in the United States. It is a key indicator of labor market conditions and economic performance.
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 annual, seasonally adjusted unemployment rate provides a broad measure of joblessness across the U.S. economy. It is used by policymakers, analysts, and businesses to assess the health of the labor market and make informed decisions.
Methodology
The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other institutions to guide economic and monetary policy.
Key Facts
- The U.S. unemployment rate reached a peak of 14.7% in April 2020 during the COVID-19 pandemic.
- The natural rate of unemployment is estimated to be around 4-5% in a healthy economy.
- Unemployment rates vary significantly by demographic factors such as age, gender, and education level.
FAQs
Q: What does this economic trend measure?
A: The annual, seasonally adjusted unemployment rate measures the percentage of the U.S. 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 crucial indicator of the overall health of the labor market and the broader economy. It helps policymakers, businesses, and individuals understand current economic conditions and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and other policymakers to guide decisions on monetary policy, employment programs, and other economic interventions.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a relatively short lag, making it a timely indicator of labor market conditions. However, the data may be subject to revisions and can be influenced by factors such as seasonal fluctuations and changes in survey methodology.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFUN64MADKA647S), retrieved from FRED.