Infra-Annual Labor Statistics: Unemployment Female: 15 Years or over for Australia
Annual, Seasonally Adjusted
LFUNTTFEAUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
278,896.50
Year-over-Year Change
-4.23%
Date Range
1/1/1964 - 1/1/2024
Summary
This trend measures the total unemployment rate in the United States, adjusted for seasonal variations. It provides critical insights into the overall health 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 Annual, Seasonally Adjusted unemployment rate is a key economic indicator that tracks the percentage of the total labor force that is jobless but actively seeking employment. This metric is widely used by policymakers, economists, and analysts to gauge the strength 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 unemployment rate is a vital input for federal reserve policies and market analysis.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 due to the COVID-19 pandemic.
- The lowest recorded unemployment rate in the U.S. was 3.5% in 2019.
- The unemployment rate is a lagging economic indicator, often changing after broader economic conditions have shifted.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted unemployment rate tracks the percentage of the total U.S. 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 crucial indicator of the overall health of the labor market and the broader economy, making it highly relevant for policymakers, economists, and market analysts.
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 unemployment rate is a key input for Federal Reserve policies and is closely monitored by policymakers, as it informs decisions on interest rates, economic stimulus, and other policy measures.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly, with a slight delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFUNTTFEAUA647S), retrieved from FRED.