Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Denmark
Quarterly, Not Seasonally Adjusted
LMUNRRTTDKQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.23
Year-over-Year Change
-16.38%
Date Range
1/1/1970 - 4/1/2017
Summary
This economic indicator tracks the quarterly unemployment rate for the United States, not seasonally adjusted. It provides important insight into labor market trends and informs policymakers and analysts.
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, not seasonally adjusted unemployment rate is a key measure of the overall health of the U.S. labor market. It represents the percentage of the civilian labor force that is jobless but actively seeking employment during a given quarter.
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
This unemployment rate trend is closely monitored by the Federal Reserve, government policymakers, and market analysts to gauge economic conditions and inform policy decisions.
Key Facts
- The U.S. quarterly unemployment rate peaked at 14.7% in Q2 2020 due to the COVID-19 pandemic.
- The lowest quarterly unemployment rate on record was 3.5% in Q4 2019.
- The unemployment rate tends to be higher in the first quarter of the year due to seasonal employment patterns.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of the U.S. civilian labor force that is jobless but actively seeking employment during a given quarter, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The quarterly, not seasonally adjusted unemployment rate provides important insights into the underlying health and dynamics of the U.S. labor market, which is a critical component of the broader economy.
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 quarterly unemployment rate is closely monitored by the Federal Reserve, government policymakers, and market analysts to gauge economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The quarterly unemployment rate data is typically released with a lag of approximately one month after the end of the quarter.
Related Trends
Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for Denmark
DNKB6FATC01CXCUQ
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Denmark
LREM74TTDKQ156S
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Denmark
LREM24TTDKQ156S
Employment to Population Rate: All Ages: All Persons for Denmark
LREPTTTTDKA156N
Balance of Payments: Services: Revenue for Denmark
DNKB6CRSE03STSAQ
U.S. Exports of Goods by F.A.S. Basis to Denmark
EXP4099
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LMUNRRTTDKQ156N), retrieved from FRED.