Harmonized Unemployment Rate: Total: All Persons for the European Union
Quarterly, Not Seasonally Adjusted
LRHUTTTTEUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.17
Year-over-Year Change
-25.10%
Date Range
1/1/2000 - 10/1/2019
Summary
The Quarterly, Not Seasonally Adjusted trend measures the U.S. unemployment rate on a quarterly basis without seasonal adjustments. This provides valuable insights into underlying economic conditions for policymakers and analysts.
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, reported on a quarterly basis without seasonal adjustments. It offers a more unfiltered view of employment trends compared to the commonly cited monthly unemployment rate.
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 quarterly, non-seasonally adjusted unemployment rate is closely monitored by the Federal Reserve and other policymakers to gauge labor market health and guide economic policy decisions.
Key Facts
- The U.S. quarterly unemployment rate averaged 5.7% in 2022.
- Quarterly data provides a less volatile view of employment trends.
- Non-seasonally adjusted figures help identify underlying economic patterns.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted trend measures the percentage of the U.S. civilian labor force that is unemployed but actively seeking work, reported on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This indicator offers a more unfiltered view of employment conditions compared to the commonly cited monthly unemployment rate, providing valuable insights for policymakers and economic analysts.
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 quarterly, non-seasonally adjusted unemployment rate is closely monitored by the Federal Reserve and other policymakers to gauge labor market health and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The quarterly unemployment data is typically released with a lag of several weeks following the end of the quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRHUTTTTEUQ156N), retrieved from FRED.