Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Norway
Monthly, Not Seasonally Adjusted
LMJVTTUVNOM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,418.00
Year-over-Year Change
4.17%
Date Range
1/1/1955 - 12/1/2020
Summary
This series measures the monthly unemployment rate in the United States, not seasonally adjusted. The unemployment rate is a key economic indicator that reflects 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 monthly unemployment rate, not seasonally adjusted, represents the percentage of the civilian labor force that is jobless. This metric is widely used by economists, policymakers, and analysts to assess employment trends and gauge the strength of the U.S. economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a crucial input for monetary and fiscal policy decisions made by the Federal Reserve and U.S. government.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has gradually declined since the height of the pandemic recession.
- The monthly unemployment rate data is released by the Bureau of Labor Statistics on the first Friday of each month.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly unemployment rate in the United States, 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 economic indicator that reflects the overall health of the labor market and broader economic conditions. It is closely monitored by policymakers, economists, and market participants.
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 monetary and fiscal policy decisions made by the Federal Reserve and U.S. government, as it reflects the strength of the labor market and overall economic conditions.
Q: Are there update delays or limitations?
A: The monthly unemployment rate data is released by the Bureau of Labor Statistics on the first Friday of each month, providing timely information on the state of the U.S. labor market.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LMJVTTUVNOM647N), retrieved from FRED.