Quarterly, Not Seasonally Adjusted
LRUNTTTTO1Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.70
Year-over-Year Change
-21.92%
Date Range
1/1/2005 - 4/1/2017
Summary
This trend measures the not seasonally adjusted, quarterly unemployment rate in the United States. It provides important insights into labor market conditions and overall economic health.
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 total U.S. labor force that is jobless but actively seeking employment. This metric is a key indicator used by economists and policymakers to assess the strength of the economy.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
The unemployment rate is a crucial input for fiscal and monetary policy decisions.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has returned to pre-pandemic levels as the economy has recovered.
- Historically, the unemployment rate has ranged from around 3.5% to 10% in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted unemployment rate in the United States. It represents the percentage of the total labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market conditions and overall economic health. It is closely monitored by economists, policymakers, and market participants to assess the strength of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a crucial input for fiscal and monetary policy decisions, as it reflects the state of the labor market and the overall economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is released on a monthly basis, with a one-month lag. There may be some limitations in seasonal adjustment, particularly during periods of economic disruption.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUNTTTTO1Q156N), retrieved from FRED.