Quarterly, Not Seasonally Adjusted
LRHUADTTG7Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.20
Year-over-Year Change
-19.23%
Date Range
1/1/1995 - 7/1/2017
Summary
This economic indicator measures the quarterly, not seasonally adjusted unemployment rate in the United States. It provides essential insights into the health 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 tracks the percentage of the civilian labor force that is jobless. This measure offers a raw, unfiltered view of employment trends that can inform economic policy decisions.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this indicator to assess the underlying strength of the U.S. labor market.
Key Facts
- Unemployment rate peaked at 14.7% in Q2 2020 during the COVID-19 pandemic.
- The Q4 2022 unemployment rate was 3.5%, indicating a tight labor market.
- This indicator provides a more granular view of employment trends than the monthly figures.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator offers a raw, unfiltered view of employment trends that can inform economic policy decisions and assessments of the labor market's underlying strength.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to assess the health of the U.S. labor market, which is a key factor in economic policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly, Not Seasonally Adjusted unemployment rate data is released on a timely basis, with the latest quarter's figure typically available within a few weeks.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRHUADTTG7Q156N), retrieved from FRED.