Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Norway
Annual, Not Seasonally Adjusted
LRHUTTMANOA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.18
Year-over-Year Change
9.15%
Date Range
1/1/1989 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the U.S. unemployment rate, providing crucial insights into the health of the labor market for economists and 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
This economic indicator represents the percentage of the civilian labor force that is unemployed but actively seeking work, without adjustments for seasonal variations. It is a key metric for assessing employment conditions and informing economic policies.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to monitor labor market trends and guide employment-related decisions.
Key Facts
- The U.S. unemployment rate averaged 5.3% in 2022.
- Unemployment rates are typically higher during economic downturns.
- The data is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the percentage of the U.S. civilian labor force that is unemployed but actively seeking work, without adjustments for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of labor market health and a key input for economic policymaking, as it provides insights into employment conditions and trends.
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: Policymakers and analysts use this unemployment rate metric to monitor labor market conditions and inform decisions related to employment, economic stimulation, and other policy interventions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with a brief delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTMANOA156N), retrieved from FRED.