Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Austria
Quarterly, Seasonally Adjusted
LRUN74TTATQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.43
Year-over-Year Change
14.70%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the unemployment rate for the civilian labor force in the United States on a quarterly, seasonally adjusted basis. It provides important insights into the health and stability of the U.S. 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
The Quarterly, Seasonally Adjusted unemployment rate tracks the percentage of the total civilian labor force that is without a job and actively seeking employment during a given quarter. This key indicator is closely monitored by policymakers, economists, and market analysts to assess economic conditions and guide policy decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical input for monetary and fiscal policy considerations.
Key Facts
- The current quarterly, seasonally adjusted unemployment rate is X.X%.
- The unemployment rate has decreased/increased by Y.Y percentage points over the past Z quarters.
- Historically, the lowest quarterly, seasonally adjusted unemployment rate was A.A% in [year].
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the total civilian labor force in the United States that is without a job and actively seeking employment on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The quarterly, seasonally adjusted unemployment rate is a key indicator of labor market health and economic conditions. It is closely monitored by policymakers, economists, and market participants to inform economic analysis and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for both monetary and fiscal policy considerations, as it reflects the overall state of the labor market and can inform decisions about interest rates, government spending, and other economic interventions.
Q: Are there update delays or limitations?
A: The quarterly, seasonally adjusted unemployment rate data is typically released with a lag of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN74TTATQ156S), retrieved from FRED.