Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Russia
Quarterly, Seasonally Adjusted
LFUN74MARUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,635,915.00
Year-over-Year Change
-14.01%
Date Range
1/1/1999 - 10/1/2021
Summary
This trend measures the seasonally adjusted unemployment rate for the U.S. manufacturing sector on a quarterly basis. 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 Quarterly, Seasonally Adjusted unemployment rate tracks the percentage of the manufacturing labor force that is without jobs and actively seeking employment. This metric is closely monitored by economists and policymakers to assess the health of the U.S. economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The manufacturing unemployment rate is a crucial input for fiscal and monetary policy decisions.
Key Facts
- The manufacturing sector accounts for approximately 8% of total U.S. employment.
- Manufacturing unemployment tends to be more volatile than the overall U.S. jobless rate.
- The manufacturing unemployment rate reached a high of 16.3% during the Great Recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally adjusted unemployment rate for the U.S. manufacturing sector on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing unemployment rate is a key indicator of labor market conditions and economic performance, closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The manufacturing unemployment rate is a crucial input for fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFUN74MARUQ647S), retrieved from FRED.