Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 64 Years for Luxembourg
Quarterly, Seasonally Adjusted
LFWA64MALUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
235,918.20
Year-over-Year Change
5.70%
Date Range
1/1/2007 - 1/1/2025
Summary
This economic trend measures the U.S. unemployment rate, an important indicator of labor market health and economic conditions.
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. It is a closely watched metric that provides insight into the strength of the U.S. economy and helps guide policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a key input for the Federal Reserve and policymakers when evaluating the state of the economy.
Key Facts
- The U.S. unemployment rate averaged 5.7% in 2022.
- The unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The Federal Reserve closely monitors the unemployment rate when setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the U.S. unemployment rate, which represents the percentage of the 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 key indicator of the health of the labor market and the broader economy. It helps policymakers, businesses, and consumers assess economic conditions and guide decision-making.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a crucial input for the Federal Reserve and other policymakers when evaluating the state of the economy and making decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly by the Bureau of Labor Statistics, with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWA64MALUQ647S), retrieved from FRED.