Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Czechia
Quarterly, Seasonally Adjusted
LRHUTTTTCZQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.87
Year-over-Year Change
17.81%
Date Range
1/1/1993 - 4/1/2025
Summary
This economic trend measures the unemployment rate in the United States on a quarterly, seasonally adjusted basis. It provides important insights into the health of the labor market and informs economic policymaking.
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, Seasonally Adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless. This key indicator helps analysts and policymakers assess the overall strength of the U.S. economy and guide decisions on fiscal and monetary policy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical input for the Federal Reserve's monetary policy decisions and is closely watched by financial markets.
Key Facts
- The U.S. unemployment rate averaged 5.7% in 2022.
- The unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The Federal Reserve aims for an unemployment rate around 4% as part of its dual mandate of price stability and maximum employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian labor force in the United States that is unemployed on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the overall health of the labor market and the broader economy, and it informs important economic policy decisions.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for the Federal Reserve's monetary policy decisions and is closely watched by financial markets and policymakers.
Q: Are there update delays or limitations?
A: The unemployment rate data is published on a monthly basis, with a quarterly, seasonally adjusted figure released at the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHUTTTTCZQ156S), retrieved from FRED.