Annual, Not Seasonally Adjusted
LRUN64FEO1A156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.60
Year-over-Year Change
-5.71%
Date Range
1/1/2005 - 1/1/2016
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the unemployment rate in the United States. This key labor market indicator is crucial for policymakers and analysts to understand economic conditions and guide policy decisions.
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 annual, non-seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless. It provides a broad snapshot of the overall health of the U.S. labor market, which is a critical component of the macroeconomic environment.
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
Economists and policymakers monitor this unemployment rate trend to assess the strength of the economy and guide decisions on monetary and fiscal policies.
Key Facts
- The annual unemployment rate peaked at 14.7% in 2020 due to the COVID-19 pandemic.
- The U.S. unemployment rate has historically ranged from around 3.5% to 10% over the past two decades.
- Stable and low unemployment is a key goal of economic policymakers.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the percentage of the civilian labor force in the United States that is jobless and actively seeking employment.
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 monitored by policymakers, economists, and investors to assess economic conditions and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the monthly 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 a key input for monetary and fiscal policymakers, who aim to achieve full employment and price stability. Central banks, such as the Federal Reserve, use the unemployment rate to help set interest rates and guide other policy actions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate is released by the Bureau of Labor Statistics with a lag of several months. Additionally, the data may be subject to revisions as more information becomes available.
Related Trends
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for OECD
OECDLFIN55TTSTQ
Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 64 Years for OECD
OECDLRUN64FESTQ
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for OECD
OECDPRINTO01IXOBSAM
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for OECD
OECDLFIN55TTSTSAQ
Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for OECD
OECDLREM55MASTQ
Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for OECD
OECDLFAC24MASTSAQ
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN64FEO1A156N), retrieved from FRED.