All Employees: Construction: Construction of Buildings in Virginia
Monthly, Not Seasonally Adjusted
SMU51000002023600001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.20
Year-over-Year Change
-0.81%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic indicator measures the monthly unemployment rate in the United States, without adjusting for seasonal variations. It provides insights into the country's labor market and economic 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
The monthly, not seasonally adjusted unemployment rate is a key measure of the overall health of the U.S. economy. It reflects the percentage of the civilian labor force that is jobless, offering a snapshot of employment trends and the strength of the job market.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This indicator is closely watched by policymakers, economists, and market analysts to assess the state of the economy and inform decisions on monetary and fiscal policies.
Key Facts
- The U.S. monthly, not seasonally adjusted unemployment rate reached a high of 14.7% in April 2020 during the COVID-19 pandemic.
- The rate has steadily declined since the pandemic peak, reaching 3.5% in July 2022.
- The data is released by the Bureau of Labor Statistics on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the monthly unemployment rate in the United States without adjusting for seasonal variations. It reflects the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The monthly, not seasonally adjusted unemployment rate is a key metric for assessing the overall health of the U.S. labor market and economy. It provides insights into employment trends that inform policymaking and investment decisions.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The monthly, not seasonally adjusted unemployment rate is closely watched by policymakers, economists, and market analysts to assess the state of the economy and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released by the Bureau of Labor Statistics on a monthly basis, with no significant update delays.
Similar SMU Trends
Real Gross Domestic Product: Agriculture, Forestry, Fishing and Hunting (11) in Virginia
VAAGRRGSP
All Employees: Government: State Government Excluding Education in Virginia
SMU51000009092200001
All Employees: Administrative and Support and Waste Management and Remediation Services in Virginia
SMU51000006056000001A
All Employees: Total Private in Virginia
SMS51000000500000001
Chain-Type Quantity Index for Real GDP: Health Care and Social Assistance (62) in Virginia
VAHLTHSOCASSQGSP
Real Gross Domestic Product: Private Services-Providing Industries in Virginia
VAPRISERVPRORGSP
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU51000002023600001), retrieved from FRED.