Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for United States
Monthly, Not Seasonally Adjusted
LMJVTTUVUSM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,943,000.00
Year-over-Year Change
-14.84%
Date Range
12/1/2000 - 1/1/2024
Summary
The 'Monthly, Not Seasonally Adjusted' trend measures the number of unemployed persons in the U.S. labor force. This is a key economic indicator used by policymakers to assess labor market conditions and guide employment policies.
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
This trend represents the total number of unemployed people in the U.S. civilian labor force on a monthly basis, without seasonal adjustments. It provides a raw, unadjusted view of unemployment levels that can help identify underlying trends and patterns in the labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This unemployment measure is widely used by economists, policymakers, and investors to analyze labor market dynamics and inform economic decision-making.
Key Facts
- The U.S. labor force currently exceeds 160 million people.
- Unemployment rates vary significantly by demographic factors like age and education level.
- The COVID-19 pandemic led to a sharp increase in U.S. unemployment in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unemployed persons in the U.S. civilian labor force on a monthly basis, without any seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This raw, unadjusted unemployment data provides important insights into underlying labor market trends and conditions that can inform economic policymaking and investment decisions.
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: Policymakers, economists, and investors closely monitor this unemployment measure to assess labor market health and guide policies and decisions related to employment, economic growth, and monetary policy.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve, with a typical lag of 1-2 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LMJVTTUVUSM647N), retrieved from FRED.