Unemployment Rate: Aged 15 and Over: All Persons for the European Union
Annual, Not Seasonally Adjusted
LRUNTTTTEUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.30
Year-over-Year Change
-11.96%
Date Range
1/1/2005 - 1/1/2019
Summary
This economic trend measures the unemployment rate in the United States on an annual, not seasonally adjusted basis. It provides important insights into long-term labor market dynamics.
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 annual, not seasonally adjusted unemployment rate is a key indicator of the overall health and strength of the U.S. economy. It reflects the proportion of the civilian labor force that is jobless but actively seeking employment.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to inform economic and labor market policies.
Key Facts
- The annual unemployment rate reached a high of 9.6% in 2010 during the Great Recession.
- The rate has generally declined since the end of the recession, reaching 3.7% in 2019.
- Unemployment is a lagging economic indicator, often rising after the onset of a recession.
FAQs
Q: What does this economic trend measure?
A: The annual, not seasonally adjusted unemployment rate measures the percentage of the civilian labor force that is jobless but actively seeking employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into long-term labor market dynamics and the overall health of the U.S. economy, which is crucial information for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The annual, not seasonally adjusted unemployment rate is closely monitored by policymakers to inform labor market and economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly, with a slight delay, by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUNTTTTEUA156S), retrieved from FRED.