Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Ireland
Quarterly, Seasonally Adjusted
LMUNRLTTIEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
175,566.70
Year-over-Year Change
-12.54%
Date Range
1/1/1967 - 10/1/2023
Summary
The Quarterly, Seasonally Adjusted series measures the unemployment rate in the United States. This key economic indicator is closely tracked by policymakers and analysts to assess 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
This seasonally adjusted unemployment rate represents the percentage of the civilian labor force that is jobless. It is a widely used metric for evaluating economic performance and informing monetary and fiscal policy decisions.
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 the Federal Reserve's monetary policy deliberations.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has steadily declined since reaching its pandemic high.
- Long-term unemployment remains elevated compared to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the percentage of the civilian labor force that is unemployed in the United States.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the health of the labor market and the broader economy, making it highly relevant for policymakers, businesses, and individuals.
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 the Federal Reserve's monetary policy decisions, as it helps assess the overall strength of the labor market and economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a short delay, and the seasonally adjusted figures may be subject to revisions.
Related Trends
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IRLCP020000IXNBM
National Accounts: GDP by Expenditure: Current Prices: Gross Fixed Capital Formation for Ireland
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Consumer Price Index: Recreation and Culture (COICOP 09): Total for Ireland
IRLCP090000IXNBQ
Consumer Price Index: Harmonized Prices: Clothing and Footwear (COICOP 03): Total for Ireland
IRLCPHP0300IXEBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Ireland
IRLCPHP0403GYM
Consumer Price Index: All Items: Total for Ireland
CPALTT01IEM657N
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LMUNRLTTIEQ647S), retrieved from FRED.