Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Turkiye
Quarterly, Seasonally Adjusted
LRHUTTTTTRQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.53
Year-over-Year Change
-19.24%
Date Range
1/1/2005 - 4/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted unemployment rate in the U.S. It provides a timely indicator of labor market conditions and is closely watched by policymakers.
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 but actively seeking employment. This key economic indicator offers insights into the strength and resilience of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers monitor this trend to inform decisions on fiscal and monetary policy aimed at promoting full employment.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 3.5% in September 2019.
- The unemployment rate is a lagging economic indicator, meaning it tends to change after broader economic conditions have shifted.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted unemployment rate in the United States, which represents the percentage of the civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the health and strength of the labor market, providing insights that are crucial for policymakers, economists, and market analysts in assessing the broader economic conditions.
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.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor the unemployment rate to inform decisions on fiscal and monetary policy aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The unemployment rate data is released on a monthly basis, with the quarterly, seasonally adjusted figure made available shortly after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRHUTTTTTRQ156S), retrieved from FRED.