All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Arkansas
Seasonally Adjusted
SMS05000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.50
Year-over-Year Change
-4.38%
Date Range
1/1/1990 - 6/1/2025
Summary
The Seasonally Adjusted series measures the unemployment rate in the United States, a key indicator of economic health and labor market conditions.
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 Seasonally Adjusted unemployment rate is a widely tracked statistic that adjusts for typical seasonal variations in employment, providing a more accurate picture of underlying trends. It is closely monitored by policymakers, economists, and market analysts.
Methodology
The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical input for Federal Reserve monetary policy decisions and is closely watched by investors and businesses.
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 since the 2008-2009 recession.
- Stable, low unemployment is a key goal of U.S. economic policy.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures the unemployment rate in the United States, which is the percentage of the 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 critical indicator of the health of the labor market and the broader economy. It is closely watched by policymakers, economists, and investors to assess economic conditions and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input for Federal Reserve monetary policy decisions, as the central bank aims to achieve full employment and stable prices. It is also used by other government agencies and analysts to assess the strength of the labor market and the overall economy.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted unemployment rate is published monthly by the Bureau of Labor Statistics, with a short delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMS05000006056000001), retrieved from FRED.