Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Switzerland
Annual, Seasonally Adjusted
LRUN74MACHA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.18
Year-over-Year Change
-2.91%
Date Range
1/1/1999 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the annual unemployment rate for the working-age population in the United States. This key economic indicator is closely monitored by policymakers and analysts to assess the 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
This annual unemployment rate series, adjusted for seasonal variations, provides a comprehensive overview of the U.S. workforce. It is a vital metric used to evaluate the economy's performance and inform policy decisions related to employment, economic growth, and social welfare.
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 annual unemployment rate is a crucial input for monetary and fiscal policy considerations, as well as market analysis and business planning.
Key Facts
- The annual unemployment rate averaged 3.7% in 2019.
- The U.S. unemployment rate reached a peak of 14.7% in April 2020 due to the COVID-19 pandemic.
- The unemployment rate has steadily declined since the height of the pandemic, reaching 3.5% as of January 2023.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the annual unemployment rate for the working-age population in the United States.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator is closely monitored by policymakers and analysts to assess the health of the labor market and inform policy decisions related to employment, economic growth, and social welfare.
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 annual unemployment rate is a crucial input for monetary and fiscal policy considerations, as well as market analysis and business planning.
Q: Are there update delays or limitations?
A: The annual unemployment rate data is released on a regular schedule with minimal delays, providing timely information for economic analysis and decision-making.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN74MACHA156S), retrieved from FRED.