Harmonized Unemployment: Aged 25 and Over: All Persons for the European Union
Percent, Quarterly, Not Seasonally Adjusted
LRHUADTTEUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.37
Year-over-Year Change
-25.81%
Date Range
1/1/2000 - 10/1/2019
Summary
This economic trend measures the quarterly, not seasonally adjusted unemployment rate in the United States. Understanding labor market dynamics is crucial for policymakers and analysts assessing the health of the economy.
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 Percent, Quarterly, Not Seasonally Adjusted trend represents the percentage of the U.S. civilian labor force that is unemployed during a given quarter, without adjusting for typical seasonal variations. This provides an unfiltered view of labor market conditions that can inform economic analysis and policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This unemployment rate metric is widely used by economists, policymakers, and market participants to gauge the strength of the U.S. labor market and broader economic performance.
Key Facts
- The U.S. unemployment rate averaged 5.5% in 2022.
- Unemployment rates tend to rise during economic downturns.
- The data is released quarterly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the U.S. civilian labor force that is unemployed during a given quarter, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market conditions and overall economic health, providing important insights for policymakers, economists, and market participants.
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.
Q: How is this trend used in economic policy?
A: The unemployment rate metric is widely used by policymakers, such as the Federal Reserve, to assess the strength of the labor market and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Labor Statistics, with a lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Percent, Quarterly, Not Seasonally Adjusted (LRHUADTTEUQ156N), retrieved from FRED.