Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Portugal
Annual, Not Seasonally Adjusted
LRHUTTFEPTA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.85
Year-over-Year Change
-58.23%
Date Range
1/1/1983 - 1/1/2024
Summary
This series measures the annual unemployment rate in the United States, not seasonally adjusted. The unemployment rate is a key economic indicator that provides insights into the overall 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 annual, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment. This measure is used by economists and policymakers to assess long-term trends in the labor market and inform economic 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 closely monitored by the Federal Reserve and other government agencies to guide monetary and fiscal policy.
Key Facts
- The annual unemployment rate reached a high of 9.6% in 2010.
- The rate has steadily declined since the Great Recession, reaching 3.7% in 2019.
- Unemployment rates vary significantly by demographic factors, such as age and education level.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual unemployment rate in 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 unemployment rate is a key indicator of the overall health of the labor market and economy, and is closely watched by economists, policymakers, and market participants.
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 government agencies to guide monetary and fiscal policy decisions aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is typically released with a short lag, 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 (LRHUTTFEPTA156N), retrieved from FRED.