Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Germany
Annual, Seasonally Adjusted
LRHUTTMADEA156S • 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
The Annual, Seasonally Adjusted unemployment rate measures the percentage of the U.S. civilian labor force that is unemployed but actively seeking work. This key economic indicator provides insight into labor market conditions and informs policymakers.
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, Seasonally Adjusted unemployment rate tracks the proportion of the U.S. labor force that is jobless but actively seeking employment. It is a widely-watched metric used by economists, government agencies, and the Federal Reserve to assess the health of the labor market and broader economy.
Methodology
The data is calculated from the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical input for economic and monetary policy decisions.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The unemployment rate has steadily declined since peaking in 2020, reaching 3.5% as of January 2023.
- The Federal Reserve closely monitors the unemployment rate when setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted unemployment rate measures the percentage of the U.S. civilian labor force that is unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market conditions and the overall health of the economy, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated from the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for economic and monetary policy decisions, as it provides insight into labor market conditions and the strength of the broader economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a relatively short delay, allowing for timely analysis of labor market trends.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHUTTMADEA156S), retrieved from FRED.