All Employees: Information in Ohio
Annual, Not Seasonally Adjusted
SMU39000005000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.20
Year-over-Year Change
-11.14%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted unemployment rate for the United States. It provides a high-level indicator of labor market conditions and economic activity.
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 annual, not seasonally adjusted unemployment rate is a macroeconomic indicator that tracks the proportion of the U.S. labor force without jobs. It is a key statistic used by economists and policymakers to assess the overall health of the economy.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. annual unemployment rate averaged 5.8% from 2010 to 2019.
- Unemployment rates tend to rise during economic downturns and fall during periods of growth.
- High unemployment can lead to reduced consumer spending and slower economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate for the United States, which indicates the proportion of the labor force without jobs.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of overall economic health and is closely watched by policymakers, economists, and market participants.
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: The unemployment rate is a crucial input for the Federal Reserve and other institutions when making economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is typically released with a short delay and represents the full calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU39000005000000001A), retrieved from FRED.