Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for OECD
Seasonally Adjusted
OECDLFHUTTMASTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,015,510.00
Year-over-Year Change
-3.56%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Seasonally Adjusted' trend measures the unemployment rate in the United States, providing a clear picture of labor market conditions by accounting for regular seasonal patterns.
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 data series, published by the OECD, represents the seasonally adjusted unemployment rate in the US. Seasonal adjustment removes the influence of predictable seasonal fluctuations, enabling analysts to better understand underlying economic trends.
Methodology
The data is calculated using statistical methods to remove seasonal variations from the raw unemployment figures.
Historical Context
Policymakers and economists closely monitor this indicator to assess the health of the US labor market and inform economic decision-making.
Key Facts
- The US unemployment rate has fluctuated between 3.5% and 14.7% over the past decade.
- Seasonal adjustment is crucial to identify underlying trends in the labor market.
- Policymakers use this indicator to monitor the health of the economy and inform decisions.
FAQs
Q: What does this economic trend measure?
A: The 'Seasonally Adjusted' trend measures the unemployment rate in the United States, accounting for regular seasonal patterns in the labor market.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides a clearer picture of the underlying labor market conditions by removing the influence of predictable seasonal fluctuations, enabling more accurate analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated using statistical methods to remove seasonal variations from the raw unemployment figures.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess the health of the US labor market and inform economic decision-making.
Q: Are there update delays or limitations?
A: The seasonally adjusted unemployment rate data is published regularly by the OECD, providing timely information on the state of the US labor market.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (OECDLFHUTTMASTSAQ), retrieved from FRED.