Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Switzerland
Quarterly, Not Seasonally Adjusted
LMUNRLTTCHQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99,477.66
Year-over-Year Change
-35.95%
Date Range
1/1/1955 - 10/1/2023
Summary
This trend measures the U.S. unemployment rate on a quarterly, not seasonally adjusted basis. It provides an important real-time indicator of the health 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 quarterly, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is unemployed and actively seeking work, without adjusting for seasonal patterns. This unadjusted figure offers a transparent view of underlying economic conditions.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to assess the state of the labor market and overall economic performance.
Key Facts
- The unemployment rate peaked at 14.7% in Q2 2020 during the COVID-19 pandemic.
- The rate has gradually declined since, reaching 3.5% in Q4 2022.
- Quarterly unemployment data provides a less volatile view than monthly figures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the U.S. unemployment rate on a quarterly, not seasonally adjusted basis, indicating the percentage of the civilian labor force that is unemployed and actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted quarterly unemployment rate offers a transparent view of underlying labor market conditions, which is valuable for policymakers and analysts assessing the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the state of the labor market and overall economic performance, informing decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted unemployment rate data is typically released with a delay of about a month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LMUNRLTTCHQ647N), retrieved from FRED.