Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for United States
Annual, Not Seasonally Adjusted
LRUN64TTUSA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.09
Year-over-Year Change
-49.94%
Date Range
1/1/1955 - 1/1/2024
Summary
The U.S. unemployment rate, not seasonally adjusted, measures the percentage of the civilian labor force that is jobless. This key economic indicator provides insights into labor market conditions and workforce participation.
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 unemployment rate is a widely tracked metric that reflects the overall strength of the economy. Policymakers and analysts use this data to understand employment trends and inform economic policies.
Methodology
The Bureau of Labor Statistics surveys households to collect employment data and calculate the unemployment rate.
Historical Context
The unemployment rate is a crucial input for the Federal Reserve and other institutions when setting monetary and fiscal policies.
Key Facts
- The U.S. unemployment rate averaged 5.3% in 2022.
- The highest unemployment rate in the U.S. was 14.7% in April 2020.
- The lowest unemployment rate in the U.S. was 3.5% in 2019.
FAQs
Q: What does this economic trend measure?
A: The U.S. unemployment rate, not seasonally adjusted, measures the percentage of the civilian labor force that is jobless and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market conditions and overall economic health, providing insights that inform policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics conducts a monthly survey of households to gather employment data and calculate the unemployment rate.
Q: How is this trend used in economic policy?
A: The unemployment rate is a crucial input for the Federal Reserve and other policymakers when setting monetary and fiscal policies to promote full employment and economic stability.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly, with a typical 1-2 month delay. The not seasonally adjusted series may be subject to greater volatility than the seasonally adjusted figures.
Related Trends
Total Credit to Households and Non-Profit Institutions Serving Households, Adjusted for Breaks, for United States
QUSHAM770A
National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for United States
USAGDPDEFQISMEI
Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for United States
USAB6BLTT02STSAQ
Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for United States
LRAC25MAUSM156S
Household Debt to GDP for United States
HDTGPDUSQ163N
Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for United States
USACP050000GPM
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN64TTUSA156N), retrieved from FRED.