Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Canada
Quarterly, Not Seasonally Adjusted
LRHUTTTTCAQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.83
Year-over-Year Change
33.99%
Date Range
1/1/1955 - 4/1/2025
Summary
This economic indicator tracks the quarterly unemployment rate for the U.S. civilian non-institutional population, without seasonal adjustments. It provides important insights into underlying labor market trends.
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 Quarterly, Not Seasonally Adjusted unemployment rate represents the percentage of the civilian non-institutional population who are jobless, available for work, and actively seeking employment during a given quarter. This unadjusted data complements the more commonly cited seasonally adjusted unemployment figures.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to understand broader employment dynamics and assess the health of the labor market.
Key Facts
- The quarterly unemployment rate averaged 5.5% in 2022.
- The rate peaked at 14.7% in Q2 2020 during the COVID-19 pandemic.
- The data is not seasonally adjusted, unlike the more commonly cited monthly unemployment rate.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly unemployment rate for the U.S. civilian non-institutional population, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted quarterly unemployment data provides important insights into underlying labor market dynamics that complement the more commonly cited seasonally adjusted figures.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to understand broader employment dynamics and assess the health of the labor market.
Q: Are there update delays or limitations?
A: The quarterly unemployment data is published with a lag and may not reflect the most recent labor market conditions.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRHUTTTTCAQ156N), retrieved from FRED.