Infra-Annual Labor Statistics: Unemployment Rate Female: 15 Years or over for Austria
Seasonally Adjusted
LRUNTTFEATQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.31
Year-over-Year Change
14.65%
Date Range
1/1/1969 - 1/1/2025
Summary
The Seasonally Adjusted unemployment rate measures the share of the civilian labor force that is jobless. It is a key economic indicator used by policymakers 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
The Seasonally Adjusted unemployment rate is a monthly statistic published by the U.S. Bureau of Labor Statistics. It adjusts the raw unemployment data to account for regular seasonal variations, allowing for more accurate analysis of labor market trends.
Methodology
The data is collected through the Current Population Survey and adjusted using statistical models to remove the effects of seasonal events.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 due to the COVID-19 pandemic.
- The lowest unemployment rate on record is 3.5%, which was reached in 2019.
- Long-term unemployment is a key concern for policymakers as it can lead to skill deterioration and discourage job seeking.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted unemployment rate measures the percentage of the civilian labor force that is jobless, with adjustments made to account for regular seasonal variations in employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical indicator of labor market health and a key input for policymakers when making decisions about monetary and fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics and adjusted using statistical models to remove seasonal effects.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and other economic institutions to inform decisions on interest rates, stimulus measures, and other policies aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted unemployment rate is published monthly, with a typical delay of around four weeks. The data may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Unemployment Rate (LRUNTTFEATQ156S), retrieved from FRED.