Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Russia
Quarterly, Seasonally Adjusted
LMUNRLTTRUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
825,328.30
Year-over-Year Change
18.49%
Date Range
7/1/1991 - 10/1/2021
Summary
The 'Quarterly, Seasonally Adjusted' trend measures the unemployment rate in the United States on a quarterly basis, adjusted for seasonal variations. This metric is closely watched by economists and policymakers as an indicator of labor market health and broader 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
This quarterly unemployment rate series provides a more stable, seasonally adjusted view of unemployment trends compared to monthly data. It is used by analysts to identify longer-term shifts in the job market and assess the overall strength of the U.S. economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Quarterly unemployment statistics are closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Key Facts
- The U.S. quarterly unemployment rate averaged 5.7% in 2022.
- Unemployment tends to rise during economic recessions and fall during expansions.
- The lowest quarterly unemployment rate on record was 3.5% in Q3 2019.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly unemployment rate in the United States, adjusted for seasonal variations. It provides a more stable view of underlying employment trends compared to the monthly data.
Q: Why is this trend relevant for users or analysts?
A: The quarterly, seasonally adjusted unemployment rate is a key economic indicator used by policymakers, economists, and market analysts to assess the health of the U.S. labor market and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household 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: Quarterly unemployment statistics are 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 quarterly unemployment data is published with a lag of approximately 2-3 months after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LMUNRLTTRUQ647S), retrieved from FRED.