Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Sweden
Annual, Seasonally Adjusted
LFUNTTMASEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
247,200.00
Year-over-Year Change
13.10%
Date Range
1/1/1963 - 1/1/2024
Summary
This economic trend measures the seasonally adjusted annual unemployment rate for the United States. It is a key indicator used by policymakers and analysts to assess the 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 represents the percentage of the total labor force that is jobless but actively seeking employment. It is a widely followed metric that provides insights into the broader economic conditions and guides policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy actions.
Key Facts
- The annual unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The rate has since declined, reaching 3.5% as of December 2022.
- Historically, the annual unemployment rate has ranged from around 3% to 10% in the U.S.
FAQs
Q: What does this economic trend measure?
A: The annual, seasonally adjusted unemployment rate represents the percentage of the total 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 indicator of the overall health of the labor market and the broader economy, providing insights that guide policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The annual, seasonally adjusted unemployment rate is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy actions.
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 (LFUNTTMASEA647S), retrieved from FRED.