Infra-Annual Labor Statistics: Unemployment Total: From 15 to 74 Years for Hungary
Quarterly, Seasonally Adjusted
LFUN74TTHUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
207,955.80
Year-over-Year Change
21.15%
Date Range
1/1/1999 - 1/1/2025
Summary
This trend measures the total U.S. unemployment rate on a quarterly, seasonally adjusted basis. It is a key indicator of the overall health of the labor market and a key metric used 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
The Quarterly, Seasonally Adjusted unemployment rate represents the percentage of the total U.S. civilian labor force that is without a job but actively seeking employment. This metric is widely tracked by economists, analysts, and policymakers to assess the strength of the economy.
Methodology
The data is collected through the Current Population Survey, a monthly survey of households conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for Federal Reserve monetary policy decisions and Congressional economic policymaking.
Key Facts
- The U.S. unemployment rate reached a peak of 14.7% in April 2020 due to the COVID-19 pandemic.
- The lowest quarterly unemployment rate on record was 3.5% in Q4 2019.
- Unemployment is a lagging economic indicator, typically improving after other signs of economic recovery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total U.S. unemployment rate on a quarterly, seasonally adjusted basis, representing the percentage of the civilian labor force without a job but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical indicator of the overall health of the labor market and the broader economy, making it a key metric tracked by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, 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 key input for Federal Reserve monetary policy decisions and Congressional economic policymaking, as it reflects the strength of the labor market and broader economic conditions.
Q: Are there update delays or limitations?
A: The quarterly, seasonally adjusted unemployment rate data is released with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFUN74TTHUQ647S), retrieved from FRED.