Unemployment Rate: Aged 15 and Over: All Persons for the European Union
Quarterly, Not Seasonally Adjusted
LRUNTTTTEUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.15
Year-over-Year Change
-25.32%
Date Range
4/1/1998 - 10/1/2019
Summary
This economic trend measures the quarterly, not seasonally adjusted unemployment rate in the United States. It provides important insight into labor market conditions and is closely monitored by economists and policymakers.
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, not seasonally adjusted unemployment rate tracks the percentage of the U.S. civilian labor force that is jobless. This metric is a key indicator of economic health and is used to inform policy decisions related to employment, inflation, and growth.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a crucial input for the Federal Reserve and other institutions when evaluating the state of the economy and considering policy interventions.
Key Facts
- The U.S. unemployment rate averaged 3.7% in 2022.
- Unemployment rates are typically higher during economic recessions.
- The civilian labor force includes all individuals 16 years and older who are employed or actively seeking work.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted unemployment rate in the United States, which represents the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of economic health and is closely monitored by economists, policymakers, and market participants to inform decisions related to employment, inflation, and growth.
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 unemployment rate is a key input for the Federal Reserve and other institutions when evaluating the state of the economy and considering policy interventions to promote employment and economic stability.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted unemployment rate data is published with a short delay, typically within a few weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUNTTTTEUQ156N), retrieved from FRED.