Unemployment Rate - Asian
LNS14032183 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.90
Year-over-Year Change
5.41%
Date Range
1/1/2003 - 7/1/2025
Summary
The Unemployment Rate for Asian workers tracks labor market participation and job market challenges within the Asian demographic. It provides critical insights into economic opportunities and workforce 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
This metric measures the percentage of unemployed Asian workers actively seeking employment. It reflects broader economic conditions and labor market integration.
Methodology
Data collected through monthly household surveys by the Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess economic equity and labor market inclusiveness.
Key Facts
- Reflects economic opportunities for Asian workers
- Part of comprehensive employment tracking
- Indicates labor market integration trends
FAQs
Q: How is the Asian unemployment rate calculated?
A: Calculated by dividing unemployed Asian workers by total Asian labor force. Measured through monthly household surveys.
Q: Why is tracking Asian unemployment important?
A: Provides insights into economic opportunities and potential disparities in the labor market for Asian workers.
Q: How often is this data updated?
A: Monthly updates provide current snapshot of employment trends.
Q: How does this rate compare to overall unemployment?
A: Allows comparison of Asian workforce participation with national employment trends.
Q: What factors influence this unemployment rate?
A: Economic conditions, education, industry shifts, and labor market dynamics impact the rate.
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Citation
U.S. Federal Reserve, Unemployment Rate - Asian (LNS14032183), retrieved from FRED.