Quarterly, Seasonally Adjusted
LRHUTTTTG7Q156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-20.63%
Date Range
1/1/1991 - 7/1/2017
Summary
The Quarterly, Seasonally Adjusted trend measures the unemployment rate for the total U.S. civilian labor force, providing essential insights into the health of the American economy.
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 key economic indicator tracks the percentage of the total labor force that is unemployed but actively seeking work. It is a crucial metric used by policymakers, economists, and market analysts to assess the strength of the U.S. job market and make informed decisions.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other government agencies to guide economic policy and intervention.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has fluctuated between 3.5% and 10.2% over the past decade.
- The unemployment rate is a lagging indicator, often reflecting changes in the economy several months after they occur.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the percentage of the total U.S. civilian labor force that is unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the overall health and strength of the U.S. labor market, providing valuable insights for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and other government agencies to guide economic policy and intervention, such as adjusting interest rates or implementing stimulus measures.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly, with a delay of approximately one month from the reference period.
Related Trends
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for G7
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Production, Sales, Work Started and Orders: Passenger Car Registrations: Economic Activity: Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles for G7
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHUTTTTG7Q156S), retrieved from FRED.