Annual, Not Seasonally Adjusted
LRHUTTFEO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.40
Year-over-Year Change
-8.57%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the annual unemployment rate for the United States, not seasonally adjusted. It is a key indicator of labor market health and economic activity.
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 proportion of the civilian labor force that is jobless but actively seeking employment. This metric provides a comprehensive view of long-term employment trends, complementing monthly, seasonally adjusted unemployment data.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The annual unemployment rate is closely monitored by policymakers, economists, and market analysts to assess the strength of the broader economy.
Key Facts
- The U.S. annual unemployment rate reached a high of 9.6% in 2010 during the Great Recession.
- In 2021, the annual unemployment rate was 5.3%, indicating a gradual recovery from the COVID-19 pandemic.
- The annual unemployment rate is typically higher than the monthly, seasonally adjusted rate due to the exclusion of seasonal adjustments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual unemployment rate for the United States, which represents 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 annual, not seasonally adjusted unemployment rate provides a comprehensive view of long-term employment trends, which is crucial for policymakers, economists, and market analysts to assess the strength of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The annual unemployment rate is closely monitored by policymakers, who use it to evaluate the overall health of the labor market and inform decisions on economic policies and interventions.
Q: Are there update delays or limitations?
A: The annual unemployment rate data is typically released with a few months' delay, as it is calculated based on the monthly CPS survey results.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTFEO1A156S), retrieved from FRED.