Annual
ULQBBC04HUA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
588,930,515,945.00
Year-over-Year Change
132.91%
Date Range
1/1/1995 - 1/1/2010
Summary
The Annual trend measures the percent change in the U.S. Unemployment Rate over a 12-month period. This metric is a key indicator of labor market conditions and economic performance.
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 trend tracks the year-over-year change in the seasonally adjusted U.S. Unemployment Rate, which reflects the percentage of the civilian labor force that is jobless. This provides important context for evaluating the health and direction of the broader economy.
Methodology
The data is calculated based on monthly surveys of U.S. households conducted by the Bureau of Labor Statistics.
Historical Context
The Annual Unemployment Rate trend is widely monitored by policymakers, analysts, and investors to gauge the overall strength of the labor market and guide economic and policy decisions.
Key Facts
- The Annual Unemployment Rate trend reached a high of 14.7% in April 2020 during the COVID-19 pandemic.
- The U.S. unemployment rate has averaged around 6% over the past two decades.
- Tracking the Annual Unemployment Rate is crucial for assessing the overall health of the economy.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percent change in the U.S. Unemployment Rate, which reflects the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The Annual Unemployment Rate is a key indicator of labor market conditions and overall economic performance, making it crucial for policymakers, analysts, and investors to monitor.
Q: How is this data collected or calculated?
A: The data is calculated based on monthly surveys of U.S. households conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual Unemployment Rate trend is widely used by policymakers, economists, and market participants to assess the strength of the labor market and guide economic and policy decisions.
Q: Are there update delays or limitations?
A: The Annual Unemployment Rate data is published monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Annual (ULQBBC04HUA189N), retrieved from FRED.