Infra-Annual Labor Statistics: Unemployment Rate Male: 15 Years or over for Russia
Quarterly, Seasonally Adjusted
LRUNTTMARUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.25
Year-over-Year Change
-13.06%
Date Range
10/1/2009 - 10/1/2021
Summary
This series measures the U.S. unemployment rate on a quarterly, seasonally adjusted basis. Economists closely monitor this metric as an indicator of labor market health and overall 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
The Quarterly, Seasonally Adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless. It is a key statistic used by policymakers, analysts, and researchers to understand employment trends and inform economic decision-making.
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 economic indicator referenced by the Federal Reserve, Congress, and private sector forecasters.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has averaged around 5-6% over the past decade.
- Demographic groups like youth and minorities often have higher unemployment rates.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless on a quarterly basis, with adjustments made for normal seasonal hiring and layoff patterns.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market performance and overall economic health, providing insights into employment, consumer spending, and other macroeconomic factors.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely watched by the Federal Reserve, Congress, and other policymakers as they seek to assess the strength of the labor market and make decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The quarterly, seasonally adjusted unemployment rate data is published with a slight delay, typically 1-2 months after the end of each quarter. There may also be revisions to prior quarter figures as new data becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUNTTMARUQ156S), retrieved from FRED.