Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Norway
Annual, Not Seasonally Adjusted
LMUNRRTTNOA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.82
Year-over-Year Change
-31.87%
Date Range
1/1/1995 - 1/1/2023
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate in the United States. It provides important insights into labor market conditions and is closely monitored by economists and policymakers.
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 proportion of the civilian labor force that is jobless but actively seeking employment over a 12-month period. This metric offers a broader view of long-term labor market trends compared to monthly, seasonally adjusted data.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This unemployment rate statistic informs economic analysis and policymaking related to the health of the labor market.
Key Facts
- The annual unemployment rate was 3.7% in 2019.
- The rate reached a high of 14.7% in 2020 due to the COVID-19 pandemic.
- Long-term trends in the annual unemployment rate reflect underlying labor market conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in the United States, which tracks the proportion of the civilian labor force that is jobless but actively seeking employment over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted unemployment rate provides important insights into long-term labor market conditions, which is crucial information for economic analysis and policymaking.
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: This unemployment rate statistic informs economic analysis and policymaking related to the health of the labor market.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is published in a timely manner with minimal delays.
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NORCP080000GPQ
Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Norway
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Credit to Private Non-Financial Sector by Domestic Banks, Unadjusted for Breaks, for Norway
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Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Norway
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Norway
NORCP050000GYM
Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for Norway
LFHUADFENOA647N
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LMUNRRTTNOA156N), retrieved from FRED.