Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Switzerland
Annual, Seasonally Adjusted
LMJVTTUVCHA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48,693.50
Year-over-Year Change
150.27%
Date Range
1/1/1960 - 1/1/2023
Summary
This series measures the annual, seasonally adjusted value of the U.S. unemployment rate. It is a key indicator of the health of the labor market and overall 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 annual, seasonally adjusted unemployment rate tracks the percentage of the U.S. civilian labor force that is jobless but actively seeking employment. It is a crucial metric for policymakers, economists, and investors to assess the strength of the economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other economic institutions to inform 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 annual, seasonally adjusted unemployment rate on record was 3.5% in 2019.
- The unemployment rate is considered a lagging economic indicator, often peaking after recessions end.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, seasonally adjusted unemployment rate in the United States, which represents the percentage of the 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 the health of the labor market and overall economic conditions. It is closely monitored by policymakers, economists, and investors to inform decisions about monetary and fiscal policy.
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 unemployment rate is a key input for the Federal Reserve and other economic institutions when making decisions about monetary policy, such as interest rate adjustments, to support the labor market and overall economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is typically published with a one-month lag, and it is subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LMJVTTUVCHA647S), retrieved from FRED.