Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Ireland
Quarterly, Not Seasonally Adjusted
LREM64TTIEQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.70
Year-over-Year Change
2.47%
Date Range
4/1/1999 - 1/1/2025
Summary
This economic trend measures the percentage of the civilian labor force that is unemployed in the United States on a quarterly basis without seasonal adjustments. It provides valuable insights into the underlying strength 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, Not Seasonally Adjusted unemployment rate is an important economic indicator that tracks the proportion of the total labor force that is jobless and actively seeking employment. This unadjusted data is useful for analyzing long-term trends and comparing across different time periods, as it is not influenced by seasonal hiring patterns.
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
Policymakers and analysts use this trend to assess the health of the labor market and inform economic decision-making.
Key Facts
- The unemployment rate averaged 6.15% in 2022.
- The highest quarterly unemployment rate in the last decade was 14.7% in Q2 2020.
- The lowest quarterly unemployment rate in the last decade was 3.5% in Q1 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian labor force in the United States that is unemployed on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted unemployment rate provides valuable insights into the underlying strength of the labor market, which is a key indicator of economic health.
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: Policymakers and analysts use this trend to assess the health of the labor market and inform economic decision-making.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a slight delay, and may not capture short-term fluctuations due to the lack of seasonal adjustments.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM64TTIEQ156N), retrieved from FRED.