Infra-Annual Labor Statistics: Unemployment Rate Female: 15 Years or over for Slovak Republic
Quarterly, Seasonally Adjusted
LRUNTTFESKQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.80
Year-over-Year Change
-10.58%
Date Range
1/1/1994 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted economic trend measures the U.S. unemployment rate, a key indicator of labor market health and economic performance.
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 tracks the proportion of the civilian labor force that is unemployed but actively seeking work, adjusted for seasonal variations. It is a widely followed metric used by policymakers, economists, and businesses to assess the strength of the U.S. economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a vital input for monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate averaged 5.7% in 2022.
- Unemployment fell to a 50-year low of 3.5% in 2019.
- The highest unemployment rate on record was 14.7% in April 2020.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the percentage of the U.S. civilian labor force that is unemployed but actively seeking work, with adjustments made for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the health of the labor market and broader economic conditions, making it crucial for policymakers, businesses, and economists to monitor.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a vital input for monetary and fiscal policy decisions, as it helps the Federal Reserve and government assess the strength of the economy and guide their policy responses.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly with a short lag, providing timely information on labor market conditions.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUNTTFESKQ156S), retrieved from FRED.