Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Portugal
Annual, Not Seasonally Adjusted
LRUN74MAPTA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.08
Year-over-Year Change
-63.65%
Date Range
1/1/1998 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the total unemployment rate in the United States on an annual basis without adjusting for seasonal variations. This metric is crucial for economists and policymakers to understand long-term 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 annual unemployment rate series provides a high-level view of the US labor market, complementing more granular monthly and quarterly unemployment data. It is a key indicator used to assess the overall health and stability of the economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the US Census Bureau.
Historical Context
The annual unemployment rate is closely monitored by the Federal Reserve, Congress, and other institutions to inform macroeconomic policy decisions.
Key Facts
- The annual unemployment rate averaged 5.7% in the United States over the past decade.
- The highest annual unemployment rate in recent history was 9.6% in 2010 following the Great Recession.
- Unemployment rates tend to be higher in the annual, not seasonally adjusted data compared to monthly figures.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the total unemployment rate in the United States on an annual basis without adjusting for seasonal variations in the labor market.
Q: Why is this trend relevant for users or analysts?
A: This annual unemployment rate is a key indicator used by economists, policymakers, and analysts to assess the overall health and long-term stability of the US labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the US Census Bureau.
Q: How is this trend used in economic policy?
A: The annual unemployment rate is closely monitored by the Federal Reserve, Congress, and other institutions to inform macroeconomic policy decisions.
Q: Are there update delays or limitations?
A: The annual unemployment rate data is published with a short lag, typically 1-2 months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN74MAPTA156N), retrieved from FRED.