Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Russia
Quarterly, Seasonally Adjusted
LRUN74MARUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.23
Year-over-Year Change
-13.16%
Date Range
1/1/1999 - 10/1/2021
Summary
The 'Quarterly, Seasonally Adjusted' metric measures the unemployment rate in the U.S. manufacturing sector on a quarterly basis. This key economic indicator provides insight into the health and stability of the manufacturing industry.
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 series represents the seasonally adjusted unemployment rate for the U.S. manufacturing sector. It is a widely tracked metric used by economists, policymakers, and analysts to assess labor market trends and underlying economic conditions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
The manufacturing unemployment rate informs decision-making around monetary and fiscal policies.
Key Facts
- The U.S. manufacturing unemployment rate averaged 3.3% in 2022.
- Manufacturing accounts for approximately 11% of total U.S. employment.
- The manufacturing sector was hit hard by the COVID-19 pandemic, leading to a spike in unemployment.
FAQs
Q: What does this economic trend measure?
A: This metric measures the seasonally adjusted unemployment rate in the U.S. manufacturing sector on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing unemployment rate is a key indicator of the health and stability of the manufacturing industry, which is an important part of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: The manufacturing unemployment rate informs decision-making around monetary and fiscal policies aimed at supporting the manufacturing sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks after the end of the reference quarter.
Related Trends
Number of Identified Exporters to Russia from California
CARUSA475SCEN
Central Bank Assets to GDP for Russian Federation
DDDI06RUA156NWDB
Number of Identified Exporters to Russia from North Carolina
NCRUSA475SCEN
Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Russia
LFEASETTRUQ647N
Amount Outstanding of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Russia
IDSNFAMRIAORU
International Merchandise Trade Statistics: Trade Balance: Commodities for Russia
XTNTVA01RUA667N
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN74MARUQ156S), retrieved from FRED.