All Employees: Mining, Logging, and Construction in Louisiana
Monthly, Not Seasonally Adjusted
SMU22000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
166.70
Year-over-Year Change
-2.91%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the monthly, not seasonally adjusted unemployment rate in the United States. It provides crucial insights into the current state 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, not seasonally adjusted unemployment rate is a key indicator of economic performance. It tracks the percentage of the civilian labor force that is jobless and actively seeking employment, without adjusting for seasonal hiring patterns.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor this trend to inform decisions on monetary and fiscal policies.
Key Facts
- The unemployment rate reached a high of 14.7% in April 2020 during the COVID-19 pandemic.
- The rate has declined from its pandemic peak but remains elevated compared to pre-pandemic levels.
- Persistent high unemployment can strain government budgets and social safety nets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, not seasonally adjusted unemployment rate in the United States, which represents the percentage of the civilian labor force that is jobless and 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 policymaking decisions and is closely watched by economists, investors, and the general public.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor the unemployment rate to inform decisions on monetary and fiscal policies, which can aim to promote full employment and economic stability.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a short delay, and may be subject to revisions as more information becomes available.
Similar SMU Trends
High-Propensity Business Applications: Total for All NAICS in Louisiana
BAHBATOTALSALA
Gross Domestic Product: Computer Systems Design and Related Services (5415) in Louisiana
LACPUSYSDSGNNGSP
Real Gross Domestic Product: Water Transportation (483) in Louisiana
LAWATTRANRGSP
All Employees: Professional and Business Services: Employment Services in Louisiana
SMU22000006056130001SA
Chain-Type Quantity Index for Real GDP: Administrative and Support and Waste Management and Remediation Services (56) in Louisiana
LAADMINWASTQQGSP
Construction Earnings in Louisiana
LAECON
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU22000001500000001), retrieved from FRED.