Infra-Annual Labor Statistics: Unemployment Rate Male: From 55 to 64 Years for Switzerland
Annual, Seasonally Adjusted
LRUN55MACHA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.75
Year-over-Year Change
11.94%
Date Range
1/1/1999 - 1/1/2024
Summary
The Annual, Seasonally Adjusted unemployment rate measures the percentage of the labor force that is unemployed but actively seeking work in the United States. This key economic indicator is closely monitored by policymakers and analysts to assess 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
The Annual, Seasonally Adjusted unemployment rate is a widely used metric that provides insight into the employment situation in the U.S. economy. It represents the proportion of the civilian labor force that is jobless but actively looking for work, after adjusting for seasonal variations.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical input for monetary and fiscal policy decisions, as well as market analysis of economic conditions.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 during the COVID-19 pandemic.
- The all-time low for the U.S. unemployment rate was 3.5% in 2019.
- The unemployment rate is a lagging economic indicator, often trailing other measures of economic activity.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted unemployment rate measures the percentage of the civilian labor force that is jobless but actively seeking employment 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, and is closely monitored by 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 on behalf of the 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 helps policymakers assess the strength of the labor market and the overall economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a short lag, and is subject to revisions as new information becomes available.
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Total Credit to General Government, Adjusted for Breaks, for Switzerland
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Infra-Annual Labor Statistics: Inactivity Rate Female: From 55 to 64 Years for Switzerland
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Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Switzerland
00XEFDCHM086NEST
Loans from Non-Resident Banks, Net, to GDP for Switzerland
DDOI08CHA156NWDB
Production: Construction: Total for Switzerland
PRCNTO01CHQ657S
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN55MACHA156S), retrieved from FRED.