Quarterly, Not Seasonally Adjusted
LRHUTTMAG7Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.80
Year-over-Year Change
-22.58%
Date Range
1/1/1991 - 7/1/2017
Summary
This series tracks the U.S. unemployment rate on a quarterly basis without seasonal adjustments. It provides insights into underlying labor market trends that can inform economic policy and business decision-making.
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 not seasonally adjusted quarterly unemployment rate is an important economic indicator that captures the underlying level of joblessness in the U.S. economy, without distortions from recurring seasonal patterns. It offers a more transparent view of labor market health compared to seasonally adjusted data.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the strength of the labor market and inform decisions around monetary and fiscal policy.
Key Facts
- The U.S. quarterly unemployment rate averaged 5.7% in 2022.
- Unemployment is a key factor in the Federal Reserve's monetary policy decisions.
- Not seasonally adjusted data can reveal underlying labor market trends not captured in seasonally adjusted figures.
FAQs
Q: What does this economic trend measure?
A: This series tracks the quarterly unemployment rate in the United States without seasonal adjustments. It provides a more transparent view of underlying labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The not seasonally adjusted unemployment rate is an important indicator of labor market health that can inform economic policymaking and business decisions.
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: Policymakers and analysts use this metric to assess the strength of the labor market and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a relatively short delay, providing timely insights into labor market conditions.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRHUTTMAG7Q156N), retrieved from FRED.