Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Sweden
Quarterly, Not Seasonally Adjusted
LMUNRLTTSEQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171,558.00
Year-over-Year Change
-30.57%
Date Range
1/1/1982 - 10/1/2023
Summary
This economic trend measures the quarterly unemployment rate in the United States on a not seasonally adjusted basis. Tracking the unemployment rate is crucial for policymakers and economists 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
The quarterly unemployment rate is a key indicator of economic activity and labor market conditions. It represents the percentage of the civilian labor force that is jobless but actively seeking employment. This data is used to analyze trends in the broader economy and inform policy decisions.
Methodology
The unemployment rate is calculated by the U.S. Bureau of Labor Statistics based on household survey data.
Historical Context
The quarterly unemployment rate is closely monitored by the Federal Reserve and other policymakers to guide monetary and fiscal policy.
Key Facts
- The U.S. quarterly unemployment rate averaged 5.5% in 2022.
- The highest quarterly unemployment rate on record was 14.7% in Q2 2020.
- The unemployment rate tends to rise during economic downturns and decline during periods of economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly unemployment rate in the United States on a not seasonally adjusted basis. It represents the percentage of the civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The quarterly unemployment rate is a crucial indicator of labor market conditions and broader economic activity. It is closely monitored by policymakers, economists, and market analysts to assess the health of the economy and inform policy decisions.
Q: How is this data collected or calculated?
A: The unemployment rate is calculated by the U.S. Bureau of Labor Statistics based on household survey data.
Q: How is this trend used in economic policy?
A: The quarterly unemployment rate is a key input for the Federal Reserve and other policymakers in setting monetary and fiscal policies to promote full employment and economic stability.
Q: Are there update delays or limitations?
A: The quarterly unemployment rate data is typically released with a lag of about one month after the end of the reference quarter. There may also be revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LMUNRLTTSEQ647N), retrieved from FRED.