Quarterly, Not Seasonally Adjusted
LFUNTTTTG7Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,656,000.00
Year-over-Year Change
-20.09%
Date Range
4/1/1999 - 4/1/2017
Summary
This quarterly, not seasonally adjusted economic trend measures the U.S. unemployment rate, a key indicator of labor market conditions and overall economic health.
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 unemployment rate represents the percentage of the civilian labor force that is jobless but actively seeking employment. This widely followed metric helps policymakers and analysts assess the state of the economy and the effectiveness of economic policies.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policies.
Key Facts
- The current U.S. unemployment rate is 3.6%.
- Unemployment rates typically rise during economic recessions.
- The Federal Reserve aims for full employment, which is around 4-5% unemployment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the U.S. civilian 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 labor market conditions and overall economic health, providing valuable insights for policymakers, economists, and market participants.
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 closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policies aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted unemployment rate data is typically released with a delay of several weeks.
Related Trends
Consumer Price Index: All items: Total: Total for G7
G7CPALTT01GPM
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for G7
G7LREM24MASTSAQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 24 Years for G7
G7LFIN24MASTQ
Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for G7
G7LFWATTTTSTSAQ
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for G7
G7LREM64TTSTSAQ
International Merchandise Trade Statistics: Exports: Commodities for G7
G7XTEXVA01CXMLSAM
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFUNTTTTG7Q647N), retrieved from FRED.