Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for Denmark
Quarterly, Not Seasonally Adjusted
LRUN55TTDKQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.70
Year-over-Year Change
19.35%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Quarterly, Not Seasonally Adjusted' series measures the U.S. unemployment rate on a quarterly basis without seasonal adjustments. This metric provides important insights into underlying labor market trends.
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 unemployment rate series represents the percentage of the total labor force that is jobless, based on a monthly survey of households. It is a key economic indicator tracked by policymakers, analysts, and the public to assess the health of the U.S. job market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is closely monitored for its implications on consumer spending, inflation, and overall economic growth.
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 3.5% in September 2019.
- Long-term unemployment, defined as 27 weeks or more, is a key focus for policymakers.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the total U.S. labor force that is jobless, based on a monthly household survey.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical indicator of labor market health and a key input for policymakers, economists, and investors in assessing the broader economy.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary policy, such as interest rate adjustments, to promote full employment and price stability.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly, with a slight delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN55TTDKQ156N), retrieved from FRED.