Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Austria
Annual, Seasonally Adjusted
LMUNRLTTATA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
270,772.60
Year-over-Year Change
9.76%
Date Range
1/1/1950 - 1/1/2023
Summary
This trend measures the annual, seasonally adjusted unemployment rate in the United States. It is a key economic indicator used by policymakers to assess the strength 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 annual, seasonally adjusted unemployment rate tracks the percentage of the U.S. civilian labor force that is jobless but actively seeking employment. This metric is closely monitored by the Federal Reserve and other economic analysts to gauge the overall health 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 a critical input for 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 current annual, seasonally adjusted unemployment rate is [X.X]%.
- Historically, the U.S. unemployment rate has ranged from around 3% to 10%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted unemployment rate in the United States, which represents the percentage of the civilian 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 key indicator of the overall health of the labor market and economy. It is closely monitored by policymakers, economists, and market analysts to inform economic and policy 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: The unemployment rate is a critical input for monetary and fiscal policy decisions made by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly by the Bureau of Labor Statistics, with a slight delay. There may be occasional revisions to historical data as well.
Related Trends
Gross Domestic Product Per Capita for Austria
PCAGDPATA646NWDB
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: 15 Years or over for Austria
LRACTTFEATA156N
Inflation, consumer prices for Austria
FPCPITOTLZGAUT
Consumer Price Index: Food and Non-Alcoholic Beverages (COICOP 01): Total for Austria
AUTCP010000GPM
Infra-Annual Labor Statistics: Unemployment Rate Male: 15 Years or over for Austria
LRUNTTMAATQ156N
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 74 Years for Austria
LREM74FEATQ156S
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LMUNRLTTATA647S), retrieved from FRED.