Quarterly
LREM64MAG7Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.30
Year-over-Year Change
2.42%
Date Range
4/1/2003 - 4/1/2017
Summary
The Quarterly Employment Trend measures the national unemployment rate on a quarterly basis. This key metric provides insights into the health and performance of the U.S. 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 Employment Trend reports the seasonally adjusted unemployment rate for the United States. It is a widely followed indicator used by economists, policymakers, and analysts to assess the state of the economy and make informed decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a crucial input for monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate averaged 5.9% in 2022.
- The unemployment rate reached a high of 14.7% in April 2020 during the COVID-19 pandemic.
- The Federal Reserve closely monitors the unemployment rate when setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Employment Trend measures the national unemployment rate on a quarterly basis, providing insights into the health of the U.S. labor market.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator used by economists, policymakers, and market participants to assess the overall state of the economy and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input for monetary and fiscal policy decisions made by the Federal Reserve and government institutions.
Q: Are there update delays or limitations?
A: The Quarterly Employment Trend data is published with a brief delay, typically a few weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly Employment Trend (LREM64MAG7Q156N), retrieved from FRED.