Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for OECD
Quarterly
OECDLFHUTTTTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35,903,340.00
Year-over-Year Change
-1.77%
Date Range
1/1/2001 - 1/1/2025
Summary
The Quarterly Unemployment Rate measures the percentage of the labor force in a country that is unemployed and actively seeking work. This key economic indicator provides insights into labor market conditions and informs policy decisions.
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 Unemployment Rate is a widely-tracked statistic that represents the share of the total labor force that is jobless but actively seeking employment. It is a crucial metric for understanding economic performance and the health of the labor market.
Methodology
The data is collected through household surveys conducted by national statistical agencies.
Historical Context
Policymakers and economists use the Quarterly Unemployment Rate to assess the strength of the economy and guide employment-related policies.
Key Facts
- The Quarterly Unemployment Rate in the U.S. peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- Historically, the Quarterly Unemployment Rate in the U.S. has ranged from around 3.5% to 10%.
- The Quarterly Unemployment Rate is a crucial input for policymakers when evaluating the health of the economy.
FAQs
Q: What does the Quarterly Unemployment Rate measure?
A: The Quarterly Unemployment Rate measures the percentage of the labor force in a country that is unemployed and actively seeking work.
Q: Why is the Quarterly Unemployment Rate relevant for users or analysts?
A: The Quarterly Unemployment Rate is a key indicator of labor market conditions and overall economic performance, which is crucial for policymakers, businesses, and individuals to understand.
Q: How is the Quarterly Unemployment Rate data collected or calculated?
A: The data is collected through household surveys conducted by national statistical agencies.
Q: How is the Quarterly Unemployment Rate used in economic policy?
A: Policymakers and economists use the Quarterly Unemployment Rate to assess the strength of the economy and guide employment-related policies.
Q: Are there any update delays or limitations with the Quarterly Unemployment Rate data?
A: The Quarterly Unemployment Rate data is typically released with a short delay, and may be subject to revisions as more information becomes available.
Related Trends
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for OECD
OECDLFAC24TTSTQ
Production: Construction: Total
OECDPRCNTO01GPSAM
Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for OECD
OECDLRUN55TTSTSAQ
Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for OECD
OECDLFEM25MAGPQ
Labor Compensation: Earnings: Manufacturing: Hourly for OECD
OECDLCEAMN01GPSAM
Production: Industry: Total
OECDPRINTO01GPSAM
Citation
U.S. Federal Reserve, Quarterly Unemployment Rate (OECDLFHUTTTTSTQ), retrieved from FRED.