Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Ireland
Quarterly, Seasonally Adjusted
LRHUTTTTIEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.03
Year-over-Year Change
-6.20%
Date Range
1/1/1983 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the unemployment rate in the United States. This key economic indicator is closely watched by policymakers, analysts, and the public to gauge the health of the labor market.
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 represents the percentage of the civilian labor force that is jobless. It is a widely used metric for assessing the strength of the U.S. economy and guiding economic policy decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a crucial input for the Federal Reserve and other policymakers when setting monetary and fiscal policies.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has historically ranged between 3-10% in the United States.
- The unemployment rate is a lagging economic indicator, meaning it often changes after other economic conditions have shifted.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted unemployment rate measures the percentage of the civilian labor force that is jobless in the United States.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the health of the labor market and the broader economy, making it essential for policymakers, economists, and the public to monitor.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input for the Federal Reserve and other policymakers when setting monetary and fiscal policies to promote full employment and economic stability.
Q: Are there update delays or limitations?
A: The unemployment rate data is released on a monthly basis, with a slight delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHUTTTTIEQ156S), retrieved from FRED.