Annual, Not Seasonally Adjusted
This dataset tracks annual, not seasonally adjusted over time.
Latest Value
4500.00
Year-over-Year Change
81.31%
Date Range
1/1/1997 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures the median duration of unemployment in the United States. This statistic provides insight into labor market dynamics and the experience of job seekers.
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 median duration of unemployment represents the midpoint in the distribution of unemployment lengths. It indicates how long the typical unemployed person has been without a job. This metric is closely watched by economists and policymakers to assess the health of the labor market.
Methodology
The data is collected through the U.S. Current Population Survey.
Historical Context
The median duration of unemployment is a key indicator used to inform economic and employment policies.
Key Facts
- The median duration reached a high of 25.1 weeks in 2011.
- Longer durations can indicate a mismatch between worker skills and job openings.
- Tracking this metric helps policymakers assess the strength of the economic recovery.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series measures the median duration of unemployment in the United States, indicating how long the typical unemployed person has been without a job.
Q: Why is this trend relevant for users or analysts?
A: The median duration of unemployment provides insight into labor market dynamics and the experience of job seekers, which is closely watched by economists and policymakers to assess the health of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey.
Q: How is this trend used in economic policy?
A: The median duration of unemployment is a key indicator used to inform economic and employment policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a relatively short delay, providing timely information on the labor market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (MEDURMANNGSP), retrieved from FRED.