All Employees: Financial Activities in Connecticut
Annual, Not Seasonally Adjusted
SMU09000005500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.90
Year-over-Year Change
-11.42%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the annual average of the unemployment rate in the U.S., without adjustments for seasonal variations. This metric is crucial for economists and policymakers to understand long-term 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
This annual, not seasonally adjusted unemployment rate represents the total number of unemployed persons as a percentage of the civilian labor force on an unadjusted annual basis. It provides a raw, unfiltered view of labor market dynamics that can complement seasonally adjusted data.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess the overall health and direction of the U.S. labor market.
Key Facts
- The annual unemployment rate averaged 5.7% in 2022.
- The rate peaked at 14.7% in 2020 due to the COVID-19 pandemic.
- The long-term average annual unemployment rate is around 5.8% since 1948.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the total unemployment rate in the U.S. on an annual, unadjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This raw, unfiltered unemployment data provides important context for understanding long-term labor market conditions, complementing the more widely reported seasonally adjusted figures.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This annual, not seasonally adjusted unemployment rate is a key indicator used by economists, policymakers, and market analysts to assess the overall health and direction of the U.S. labor market.
Q: Are there update delays or limitations?
A: The data is published monthly with a slight delay, usually a few weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU09000005500000001A), retrieved from FRED.