Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Ireland
Monthly, Not Seasonally Adjusted
LMUNRLTTIEM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
177,264.00
Year-over-Year Change
-3.76%
Date Range
1/1/1955 - 1/1/2024
Summary
This economic trend measures the monthly unemployment rate in the United States, providing insight into the strength of the labor market. It is a key indicator used by policymakers and analysts to assess 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, not seasonally adjusted unemployment rate represents the percentage of the civilian labor force that is jobless. It is a widely-tracked measure of labor market health and overall economic performance.
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 closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest unemployment rate on record was 3.5% in 2019.
- Youth unemployment (ages 16-24) is typically higher than the overall rate.
FAQs
Q: What does this economic trend measure?
A: The monthly, not seasonally adjusted unemployment rate represents the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market health and overall economic performance, closely monitored by policymakers.
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 closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a typical one-month delay.
Related Trends
Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Ireland
CPGRLE01IEM657N
Value of Exports to Ireland from New Jersey
NJIRLA052SCEN
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Ireland
IRLCP050000GYM
Number of Identified Exporters to Ireland from Missouri
MOIRLA475SCEN
Population (LFS Basis): All Ages: All Persons for Ireland
LFPOTTTTIEQ647S
Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Ireland
CP0933IEM086NEST
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LMUNRLTTIEM647N), retrieved from FRED.