Quarterly, Not Seasonally Adjusted
LRHUTTMAO1Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.40
Year-over-Year Change
-22.86%
Date Range
1/1/2005 - 7/1/2017
Summary
The 'Quarterly, Not Seasonally Adjusted' trend measures the unemployment rate in the United States on a quarterly basis without seasonal adjustments. This metric is crucial for economists and policymakers to understand underlying labor market conditions.
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 tracks the percentage of the civilian labor force that is unemployed but actively seeking work, providing a snapshot of the job market without the influence of seasonal employment patterns. It is an important complement to the more widely reported monthly unemployment rate.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to assess the strength of the economy and inform decisions around fiscal and monetary policy.
Key Facts
- The quarterly unemployment rate averaged 5.6% in 2022.
- The highest quarterly unemployment rate on record was 14.7% in Q2 2020.
- The data is released approximately 2 months after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Not Seasonally Adjusted' trend measures the percentage of the civilian labor force that is unemployed but actively seeking work on a quarterly basis, without adjusting for seasonal employment patterns.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insights into underlying labor market conditions, complementing the more widely reported monthly unemployment rate. It is used by economists, policymakers, and analysts to assess the strength of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to inform decisions around fiscal and monetary policy, as it provides a comprehensive picture of the job market without the influence of seasonal factors.
Q: Are there update delays or limitations?
A: The data is released approximately 2 months after the end of each quarter, and may not fully capture the most recent changes in the labor market.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRHUTTMAO1Q156N), retrieved from FRED.