Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for Canada
Quarterly, Seasonally Adjusted
LFUN64TTCAQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,506,167.00
Year-over-Year Change
47.18%
Date Range
1/1/1976 - 4/1/2025
Summary
This economic indicator measures the quarterly, seasonally adjusted unemployment rate for the United States. It provides valuable insights into the health and stability of the labor market.
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 metric used by economists and policymakers to assess the strength of the U.S. economy. It tracks the percentage of the civilian labor force that is jobless but actively seeking employment.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- Unemployment rates tend to be higher during economic recessions and lower during periods of economic growth.
- The Federal Reserve closely tracks the unemployment rate when setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarterly, seasonally adjusted unemployment rate in the United States, which represents 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 key metric used by economists, policymakers, and analysts to assess the overall health and stability of the U.S. labor market and economy.
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 unemployment rate is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions, such as interest rate adjustments.
Q: Are there update delays or limitations?
A: The quarterly, seasonally adjusted unemployment rate data is typically published with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFUN64TTCAQ647S), retrieved from FRED.