Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Denmark
Annual, Not Seasonally Adjusted
LRHUTTMADKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.89
Year-over-Year Change
-24.47%
Date Range
1/1/1983 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures the unemployment rate for the population aged 16 years and over in the United States. This key economic indicator 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
This annual, non-seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is without a job but actively seeking employment. It is a widely followed statistic used by policymakers, economists, and analysts to gauge the strength of the U.S. economy.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a crucial input for economic policy decisions and market analysis.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The annual, non-seasonally adjusted unemployment rate averaged 3.7% in 2019 prior to the pandemic.
- Historically, the U.S. unemployment rate has ranged from around 3% to 10% over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, non-seasonally adjusted unemployment rate for the U.S. civilian labor force aged 16 and over.
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 the broader economy, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a crucial input for economic policy decisions, as it helps inform monetary and fiscal policy actions by the Federal Reserve and government.
Q: Are there update delays or limitations?
A: The annual, non-seasonally adjusted unemployment rate data is published with a relatively short lag, typically a few weeks after the end of the year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTMADKA156N), retrieved from FRED.