Annual, Not Seasonally Adjusted
LRHUTTFEG7A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.30
Year-over-Year Change
-17.19%
Date Range
1/1/1991 - 1/1/2016
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate for the United States. It provides important insights into the overall state 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 annual, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless. This metric is closely monitored by economists and policymakers to assess economic conditions and guide policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a key indicator used to evaluate the health of the labor market and broader economy.
Key Facts
- The U.S. annual, not seasonally adjusted unemployment rate was 3.7% in 2022.
- Unemployment rates tend to rise during economic downturns and fall during periods of growth.
- This metric does not account for seasonal hiring patterns that can influence month-to-month changes.
FAQs
Q: What does this economic trend measure?
A: The annual, 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: The unemployment rate is a key indicator of labor market conditions and overall economic health, providing important insights for policymakers, businesses, and consumers.
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 is closely monitored by the Federal Reserve and other policymakers to assess the state of the economy and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is subject to revisions and may not fully capture short-term fluctuations in the labor market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTFEG7A156S), retrieved from FRED.