Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Germany
Annual, Not Seasonally Adjusted
LRHUTTMADEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.60
Year-over-Year Change
-31.75%
Date Range
1/1/1991 - 1/1/2024
Summary
This annual, not seasonally adjusted trend measures the unemployment rate in the United States. The unemployment rate is a key indicator of economic health and a central factor in policymaking.
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 represents the percentage of the total labor force that is jobless, actively seeking employment, and available for work. This metric is closely watched by economists, businesses, and government agencies to gauge the strength of the labor market and broader economic conditions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a vital input for the Federal Reserve and other policymakers in setting economic and monetary policies.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- In 2022, the annual unemployment rate was 3.6%, near historic lows.
- Long-term unemployment remains a challenge, with 1.1 million Americans jobless for 27 weeks or more as of 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in the United States, representing the percentage of the labor force that is jobless and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical indicator of the health and strength of the labor market and broader economy, making it a key input for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a vital metric used by the Federal Reserve and other policymakers in setting monetary and economic policies to promote full employment and price stability.
Q: Are there update delays or limitations?
A: The unemployment data is typically released on a monthly basis, with an annual not seasonally adjusted figure provided as well. There may be revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTMADEA156N), retrieved from FRED.