Harmonized Unemployment: Aged 25 and Over: Females for the European Union
Percent, Monthly, Seasonally Adjusted
LRHUADFEEUM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.70
Year-over-Year Change
-6.56%
Date Range
1/1/2000 - 1/1/2020
Summary
The 'Percent, Monthly, Seasonally Adjusted' series measures the monthly unemployment rate for the U.S. civilian labor force, a key economic indicator tracked by policymakers and analysts.
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 unemployment rate is a widely followed metric of labor market health and economic performance. It represents the percentage of the total civilian labor force that is jobless but actively seeking employment and available to work.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for Federal Reserve monetary policy decisions and is closely monitored by financial markets.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The lowest U.S. unemployment rate on record is 2.5%, reached in May 1953.
- Economists view the unemployment rate as a lagging economic indicator, as it tends to rise after a recession has already begun.
FAQs
Q: What does this economic trend measure?
A: The 'Percent, Monthly, Seasonally Adjusted' series measures the percentage of the U.S. civilian labor force that is currently unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market health and broader economic performance, making it essential for policymakers, investors, and economic analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for Federal Reserve monetary policy decisions and is closely watched by financial markets for signals about the strength of the economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly by the U.S. Bureau of Labor Statistics, with a typical one-month lag in reporting.
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Citation
U.S. Federal Reserve, Percent, Monthly, Seasonally Adjusted (LRHUADFEEUM156S), retrieved from FRED.