Infra-Annual Labor Statistics: Unemployment Female: 15 Years or over for Norway
Quarterly, Seasonally Adjusted
LFUNTTFENOQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54,605.90
Year-over-Year Change
34.56%
Date Range
1/1/2000 - 1/1/2025
Summary
This trend measures the total unemployment rate in the United States on a quarterly, seasonally adjusted basis. It provides a key indicator of the overall health of the U.S. 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 total unemployment rate tracks the percentage of the civilian labor force that is jobless. It is a widely-watched economic indicator used by policymakers, analysts, and businesses to assess economic conditions and make informed decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical input for monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 due to the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 3.5% in September 2019.
- The unemployment rate is a lagging economic indicator, meaning it changes after broader economic conditions have shifted.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total unemployment rate in the United States on a quarterly, seasonally adjusted basis. It represents the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the overall health of the labor market and broader economy. It is closely watched by policymakers, businesses, and economists to assess economic conditions and make informed decisions.
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 critical input for monetary and fiscal policy decisions made by the Federal Reserve and government. Changes in the rate can influence interest rates, government spending, and other policy levers.
Q: Are there update delays or limitations?
A: The unemployment rate data is released on a monthly basis with a slight delay, typically a few weeks after the end of each month. There may also be revisions to prior periods as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFUNTTFENOQ647S), retrieved from FRED.