Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for Luxembourg
Quarterly
LFWA25TTLUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
305,342.00
Year-over-Year Change
5.55%
Date Range
1/1/2007 - 1/1/2025
Summary
The Quarterly Unemployment Rate measures the percentage of the U.S. civilian labor force that is jobless. This key economic indicator helps policymakers and analysts assess the health and stability 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 Quarterly Unemployment Rate is a vital metric for gauging employment and economic conditions. It represents the share of the labor force that is actively seeking work but unable to find jobs. This data informs decisions around fiscal and monetary policies.
Methodology
The rate is calculated by the U.S. Bureau of Labor Statistics based on monthly household surveys.
Historical Context
The Quarterly Unemployment Rate is closely watched by the Federal Reserve, Congress, and private analysts for insights on the broader economy.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 2.5% in May 1953.
- Long-term unemployment is a key concern for policymakers and a metric tracked within the overall unemployment rate.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Unemployment Rate measures the percentage of the U.S. civilian labor force that is jobless and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of economic health and labor market conditions, informing fiscal and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys by the U.S. Bureau of Labor Statistics and reported as a quarterly average.
Q: How is this trend used in economic policy?
A: The Quarterly Unemployment Rate is closely monitored by the Federal Reserve, Congress, and private analysts to assess the strength of the labor market and broader economy.
Q: Are there update delays or limitations?
A: The Quarterly Unemployment Rate data is published with a short lag, typically within a month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly Unemployment Rate (LFWA25TTLUQ647S), retrieved from FRED.