All Employees: Wholesale Trade in Minnesota
Monthly, Seasonally Adjusted
SMS27000004100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.90
Year-over-Year Change
-0.89%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Monthly, Seasonally Adjusted' economic trend measures the national unemployment rate, a key indicator of the overall health of the U.S. labor market.
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 monthly unemployment rate trend provides a snapshot of the share of the civilian labor force that is without a job but actively seeking employment. It is a crucial metric for policymakers, economists, and investors to gauge economic performance and inform decision-making.
Methodology
The data is collected through a monthly household survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is closely watched by the Federal Reserve and used to guide monetary policy decisions.
Key Facts
- The U.S. unemployment rate was 3.5% in February 2020, before the COVID-19 pandemic.
- The unemployment rate peaked at 14.7% in April 2020 due to the economic impact of the pandemic.
- The unemployment rate has since declined but remains above pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' trend measures the national unemployment rate, which represents 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 indicator of the overall health of the labor market and the broader economy. It informs policymakers, economists, and investors in their decision-making.
Q: How is this data collected or calculated?
A: The data is collected through a monthly household survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely watched by the Federal Reserve and used to guide monetary policy decisions, as it is a key indicator of the strength of the labor market and the overall economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is released on a monthly basis, with a typical delay of a few weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMS27000004100000001), retrieved from FRED.