Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Estonia
Annual, Seasonally Adjusted
LRHUTTFEEEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.59
Year-over-Year Change
-14.46%
Date Range
1/1/1997 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the unemployment rate for the U.S. total labor force. This key economic indicator provides insights into the health of the broader 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 tracks the percentage of the civilian labor force that is jobless but actively seeking employment. Analyzing this data helps economists and policymakers monitor economic conditions and make informed decisions.
Methodology
The U.S. Bureau of Labor Statistics collects this data through monthly household surveys.
Historical Context
The unemployment rate is closely watched by the Federal Reserve and other government agencies to inform monetary and fiscal policy.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The pre-pandemic unemployment rate in February 2020 was 3.5%, the lowest in 50 years.
- The unemployment rate has gradually declined since reaching its pandemic high.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures the percentage of the civilian labor force that is jobless but actively seeking employment.
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 broader economy, informing economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through monthly household surveys.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly by the Bureau of Labor Statistics with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHUTTFEEEA156S), retrieved from FRED.