Infra-Annual Labor Statistics: Unemployment Rate Total: From 25 to 54 Years for Hungary
Quarterly, Not Seasonally Adjusted
LRUN25TTHUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.90
Year-over-Year Change
18.18%
Date Range
4/1/1998 - 1/1/2025
Summary
The 'Quarterly, Not Seasonally Adjusted' trend measures the national unemployment rate in the United States on a quarterly basis without seasonal adjustments. This provides valuable insights into underlying labor market trends and dynamics.
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 tracks the percentage of the civilian labor force that is unemployed but actively seeking work each quarter, without adjusting for typical seasonal variations. It offers a complementary perspective to the more commonly cited seasonally adjusted unemployment rate.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to better understand the state of the labor market and inform economic and workforce development strategies.
Key Facts
- The U.S. unemployment rate averaged 5.7% in 2022 Q3.
- The unemployment rate peaked at 14.7% in 2020 Q2 due to the COVID-19 pandemic.
- The civilian labor force participation rate was 62.4% in 2022 Q3.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Not Seasonally Adjusted' trend measures the percentage of the civilian labor force in the United States that is unemployed but actively seeking work, without adjusting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a valuable perspective on the underlying state of the labor market, complementing the more widely reported seasonally adjusted unemployment rate. It helps policymakers and analysts better understand labor market dynamics and trends.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) 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: Policymakers and economists use this trend to assess the health of the labor market and inform decisions on economic and workforce development policies.
Q: Are there update delays or limitations?
A: The 'Quarterly, Not Seasonally Adjusted' unemployment rate data is released by the Bureau of Labor Statistics on a quarterly basis, with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN25TTHUQ156N), retrieved from FRED.