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Not Seasonally Adjusted

SMU55000007072100001 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

35.50

Year-over-Year Change

-1.39%

Date Range

1/1/1990 - 7/1/2025

Summary

The 'Not Seasonally Adjusted' series measures the monthly unemployment rate for the New York-Jersey City-White Plains, NY-NJ Metropolitan Division. This metric is critical for policymakers and analysts to understand labor market trends.

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 provides a raw, unadjusted view of the job market, without the seasonal adjustments used in many other labor statistics. This allows for clearer identification of underlying economic conditions and labor force changes over time.

Methodology

The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.

Historical Context

Policymakers and economists closely monitor this regional unemployment metric to gauge the economic health and recovery of the New York metropolitan area.

Key Facts

  • The New York metro area has a population of over 19 million.
  • Unemployment peaked at 16.2% in April 2020 during the COVID-19 pandemic.
  • The pre-pandemic unemployment rate was 3.7% in January 2020.

FAQs

Q: What does this economic trend measure?

A: The 'Not Seasonally Adjusted' series tracks the monthly unemployment rate for the New York-Jersey City-White Plains, NY-NJ Metropolitan Division, without seasonal adjustments.

Q: Why is this trend relevant for users or analysts?

A: This raw, unadjusted unemployment metric is critical for understanding underlying labor market conditions and changes in the New York regional economy.

Q: How is this data collected or calculated?

A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and economists closely monitor this regional unemployment rate to gauge the economic health and recovery of the New York metropolitan area.

Q: Are there update delays or limitations?

A: The data is released monthly with a lag of approximately one month.

Similar SMU Trends

Citation

U.S. Federal Reserve, Not Seasonally Adjusted (SMU55000007072100001), retrieved from FRED.