All Employees: Professional and Business Services: Services to Buildings and Dwellings in South Carolina
Not Seasonally Adjusted
SMU45000006056170001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.60
Year-over-Year Change
7.03%
Date Range
1/1/2003 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series measures the monthly unemployment rate in the United States. This key economic indicator provides insight into the health 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 not seasonally adjusted unemployment rate represents the percentage of the civilian labor force that is jobless. It is an important measure of economic and labor market conditions used by policymakers, economists, and analysts to understand employment trends.
Methodology
The data is collected through the Current Population Survey, a monthly survey of households conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for federal economic and monetary policy decisions.
Key Facts
- The U.S. unemployment rate was 3.5% in February 2020, prior to the COVID-19 pandemic.
- The rate peaked at 14.7% in April 2020 due to the economic impact of the pandemic.
- Unemployment has since declined but remains elevated compared to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series measures the monthly unemployment rate in the United States, representing the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market and overall economic conditions, providing important insights for 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 critical input for federal economic and monetary policy decisions, as it reflects the health of the labor market and broader economy.
Q: Are there update delays or limitations?
A: The not seasonally adjusted unemployment rate data is published monthly, with some potential for minor revisions in subsequent releases.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU45000006056170001), retrieved from FRED.