Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Canada
Quarterly, Seasonally Adjusted
LRHUTTFECAQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.57
Year-over-Year Change
33.11%
Date Range
1/1/1956 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the unemployment rate in the United States. This key economic indicator is closely watched by policymakers, businesses, and analysts to assess 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 unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and available for work. It is a widely used metric for evaluating economic conditions and the effectiveness of policy interventions.
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 critical input for the Federal Reserve and other policymakers in setting monetary and fiscal policy.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 2.5% in May 1953.
- The Federal Reserve targets an unemployment rate of around 4-5% as part of its dual mandate.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the percentage of the total U.S. labor force that is unemployed but actively seeking and available for 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 overall economy, and is closely watched by policymakers, businesses, and economists.
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 critical input for the Federal Reserve and other policymakers in setting monetary and fiscal policy to achieve their dual mandate of price stability and maximum employment.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly by the Bureau of Labor Statistics, with a slight delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHUTTFECAQ156S), retrieved from FRED.