Unemployment Rate in Maryland
Monthly, Not Seasonally Adjusted
MDURN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.70
Year-over-Year Change
8.82%
Date Range
1/1/1976 - 6/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' series measures the monthly unemployment rate in the United States. This key labor market indicator provides important insights into the overall health of the economy.
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 monthly unemployment rate tracks the percentage of the U.S. civilian labor force that is jobless but actively seeking employment. This statistic is a crucial macroeconomic metric used by policymakers, economists, and analysts to assess labor market conditions and guide economic policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a widely monitored economic indicator that informs monetary and fiscal policy.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The unemployment rate has steadily declined from its pandemic peak, reaching 3.5% as of February 2023.
- The not seasonally adjusted unemployment rate tends to be higher than the seasonally adjusted rate.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' series measures the monthly unemployment rate in the United States, which tracks the percentage of the civilian 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 crucial macroeconomic indicator that provides important insights into the overall health of the labor market and the broader economy. It informs policy decisions by policymakers, economists, and 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 unemployment rate is a widely monitored economic indicator that informs monetary and fiscal policy decisions by policymakers and central banks.
Q: Are there update delays or limitations?
A: The not seasonally adjusted unemployment rate data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (MDURN), retrieved from FRED.