Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 74 Years for Sweden
Annual, Seasonally Adjusted
LRUN74MASEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.25
Year-over-Year Change
-0.12%
Date Range
1/1/2001 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the unemployment rate in the United States. This key economic indicator provides insights into labor market health and helps inform economic 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 seasonally adjusted annual unemployment rate series represents the percentage of the civilian labor force that is jobless. It is a widely followed metric used by economists, policymakers, and market analysts to assess the strength of the U.S. economy.
Methodology
The U.S. Bureau of Labor Statistics collects and calculates this data through monthly household surveys.
Historical Context
The unemployment rate is a crucial input for the Federal Reserve and other agencies when setting monetary and fiscal policies.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 2.5% in May 1953.
- The U.S. unemployment rate has averaged around 5.8% over the past 70 years.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the percentage of the U.S. civilian labor force that is jobless or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of overall economic health and labor market conditions. It informs policymaking, investment decisions, and public understanding of the economy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through monthly household surveys of the civilian non-institutional population.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input for the Federal Reserve and other agencies when setting monetary and fiscal policies to promote full employment and price stability.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly with a small time lag. There may be revisions to previously reported figures as new information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN74MASEA156S), retrieved from FRED.