Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Slovak Republic
Annual, Not Seasonally Adjusted
LRHUTTMASKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.80
Year-over-Year Change
-63.77%
Date Range
1/1/1998 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the unemployment rate for Alaska. This key economic indicator is closely watched by policymakers and analysts to understand 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 annual, unadjusted unemployment rate for Alaska provides insight into the state's overall job market and economic performance. The data is used to track long-term trends and make comparisons across regions.
Methodology
The unemployment rate is calculated based on monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers analyze this state-level unemployment data to inform economic and workforce development strategies.
Key Facts
- Alaska's annual unemployment rate was 5.2% in 2021.
- The state's unemployment rate is typically higher than the national average.
- Joblessness has declined in Alaska since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate for the state of Alaska.
Q: Why is this trend relevant for users or analysts?
A: The Alaska unemployment rate is a key indicator of the state's labor market and economic conditions, which is crucial for policymakers, businesses, and job seekers.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this state-level unemployment data to inform economic and workforce development strategies in Alaska.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate for Alaska is published with a lag, typically several months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTMASKA156N), retrieved from FRED.