Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Sweden
Annual, Not Seasonally Adjusted
LMUNRLTTSEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160,054.80
Year-over-Year Change
-22.47%
Date Range
1/1/1982 - 1/1/2023
Summary
This economic trend measures the annual unemployment rate in the United States, without seasonal adjustments. It provides important insights into long-term labor market dynamics.
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 annual, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless. This metric is critical for understanding broader employment trends and informing economic policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, analysts, and researchers to assess the health of the U.S. labor market.
Key Facts
- The annual unemployment rate averaged 3.7% in 2019.
- Unemployment reached a peak of 14.7% in April 2020 due to the COVID-19 pandemic.
- The rate has steadily declined since the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in the United States, which represents the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted unemployment rate is a critical indicator of long-term labor market conditions and is closely watched by policymakers, economists, and market participants.
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: Policymakers and economists use this trend to assess the overall health of the labor market and inform decisions related to monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is updated monthly, with a slight delay, and represents the annual, non-seasonally adjusted unemployment rate.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LMUNRLTTSEA647N), retrieved from FRED.