Employment Rate: Aged 15-74: Males for the European Union
Annual, Not Seasonally Adjusted
LREM74MAEUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.35
Year-over-Year Change
1.49%
Date Range
1/1/2005 - 1/1/2019
Summary
This series measures the annual, not seasonally adjusted unemployment rate in the United States. It provides a high-level indicator of labor market conditions and economic performance.
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 represents the percentage of the total labor force that is unemployed but actively seeking employment and available for work. This metric is a key statistic used by economists, policymakers, and analysts to assess the strength of the U.S. labor market and broader economic trends.
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
The unemployment rate is a crucial input for monetary and fiscal policy decisions made by the Federal Reserve and U.S. government.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest recorded annual, not seasonally adjusted unemployment rate was 2.5% in 1953.
- The unemployment rate is a lagging economic indicator, meaning it tends to rise after a recession has already begun.
FAQs
Q: What does this economic trend measure?
A: The annual, not seasonally adjusted unemployment rate measures the percentage of the total labor force in the United States that is unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the health of the labor market and the broader economy. It is closely monitored by policymakers, economists, and investors to assess economic conditions and guide policy decisions.
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 unemployment rate is a crucial input for monetary and fiscal policy decisions made by the Federal Reserve and U.S. government. It helps inform interest rate adjustments, government spending, and other policy tools aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is released on a monthly basis with a relatively short delay, providing timely information on labor market conditions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM74MAEUA156S), retrieved from FRED.