Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Hungary
Monthly, Not Seasonally Adjusted
LMUNRLTTHUM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
232,916.00
Year-over-Year Change
-4.38%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic indicator tracks the monthly unemployment rate in the United States on a not seasonally adjusted basis. It is a key metric for understanding the health of the labor market and economy.
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, not seasonally adjusted unemployment rate represents the percentage of the civilian labor force that is jobless. This unadjusted data provides a more raw view of labor market conditions compared to the commonly cited seasonally adjusted rate.
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
Policymakers and analysts use this unemployment rate data to assess economic performance and inform decisions.
Key Facts
- The U.S. unemployment rate was 3.7% in June 2022.
- The unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The labor force participation rate was 62.2% as of June 2022.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly unemployment rate in the United States on a not seasonally adjusted basis, representing the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted unemployment rate provides a raw view of labor market conditions, which is important for policymakers and analysts to assess economic performance and inform 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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this unemployment rate data to assess the health of the labor market and broader economy, informing decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly, with a typical one-month lag in reporting.
Related Trends
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 74 Years for Hungary
LRAC74FEHUQ156N
Leading Indicators OECD: Component series: Monetary Aggregates: Original series for Hungary
HUNLOCOMAORSTSAM
International Merchandise Trade Statistics: Exports: Commodities for Hungary
XTEXVA01HUM667S
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Hungary
HUNFCLODCXDC
Number of Bank Accounts for Hungary
DDAI01HUA642NWDB
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Hungary
DDOI12HUA156NWDB
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LMUNRLTTHUM647N), retrieved from FRED.