Infra-Annual Labor Statistics: Unemployment Rate Male: From 25 to 54 Years for Canada
Annual, Not Seasonally Adjusted
LRUN25MACAA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.53
Year-over-Year Change
-14.32%
Date Range
1/1/1976 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures the national unemployment rate in the United States. This key economic indicator provides insights into the overall 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
This data series represents the total number of unemployed persons as a percentage of the civilian labor force, not adjusted for seasonal variations. Economists and policymakers closely monitor this metric to assess employment trends and make informed 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 monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 2.5% in May 1953.
- The civilian labor force in the U.S. consists of approximately 165 million people.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series measures the total number of unemployed persons as a percentage of the civilian labor force in the United States.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the overall health of the labor market and the broader economy. It is closely watched by economists, policymakers, and investors to assess economic conditions and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly 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 monetary and fiscal policy decisions, as it provides insights into the state of the labor market and the overall economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is typically released on a monthly basis, with a brief delay. There may be some limitations due to the survey-based nature of the data collection.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN25MACAA156N), retrieved from FRED.