Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Russia
Quarterly, Seasonally Adjusted
LRUNTTTTRUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.29
Year-over-Year Change
-10.78%
Date Range
10/1/2009 - 10/1/2021
Summary
The Quarterly, Seasonally Adjusted series measures the unemployment rate in the United States on a quarterly basis, adjusted for seasonal variations. This key economic indicator provides insights into the overall health of the labor market.
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 seasonally adjusted unemployment rate data is a widely-used metric for evaluating the strength of the U.S. economy. It represents the percentage of the civilian labor force that is jobless but actively seeking employment during the specified quarter.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through a monthly household survey.
Historical Context
Policymakers and analysts closely monitor this unemployment rate trend to inform economic and monetary policies.
Key Facts
- Unemployment rate averaged 5.7% in 2022
- Peaked at 14.7% during COVID-19 pandemic in 2020
- Long-term average is around 6% since 1948
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the percentage of the U.S. civilian labor force that is jobless but actively seeking employment during a given quarter.
Q: Why is this trend relevant for users or analysts?
A: This key unemployment rate metric provides critical insights into the strength of the labor market and overall economic health, informing policymaking and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through a monthly household survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this unemployment rate trend to inform economic and monetary policies, such as interest rate decisions and workforce development initiatives.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short delay to allow for collection and seasonal adjustments.
Related Trends
Number of Identified Exporters to Russia from Pennsylvania
PARUSA475SCEN
Total Reserves excluding Gold for Russian Federation
TRESEGRUM052N
Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: National Currency: USD for Russia
CCUSSP02RUM650N
Consumer Price Index: Total Services for the Russian Federation
CPSETT01RUM661N
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Russia
RUSLREM64FESTQ
Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Russia
PIEATI02RUM661N
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUNTTTTRUQ156S), retrieved from FRED.