All Employees: Manufacturing: Durable Goods in Wisconsin
Monthly, Seasonally Adjusted
SMS55000003100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
267.50
Year-over-Year Change
-1.11%
Date Range
1/1/1990 - 7/1/2025
Summary
This series measures the monthly, seasonally adjusted unemployment rate in the United States. It is a key economic indicator used by policymakers and analysts to assess the strength of the 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
The monthly, seasonally adjusted unemployment rate tracks the proportion of the civilian labor force that is jobless but actively seeking employment. It is an important barometer of economic conditions and a factor in federal reserve policy decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is closely watched by financial markets and policymakers as it reflects overall economic performance and consumer confidence.
Key Facts
- The U.S. unemployment rate was 3.5% in February 2020, a 50-year low.
- The rate spiked to 14.7% in April 2020 due to the COVID-19 pandemic.
- Long-term unemployment remains elevated even as the overall rate declines.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly unemployment rate in the United States, adjusting for seasonal variations in hiring and layoffs.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market health and overall economic conditions, making it crucial for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected through 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 closely watched by the Federal Reserve and other policymakers as they make decisions about monetary policy, stimulus, and other economic interventions.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly with a slight lag, and can be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMS55000003100000001), retrieved from FRED.