Quarterly
ULQBBV05LUQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,579,176,219.40
Year-over-Year Change
-1.46%
Date Range
1/1/1995 - 7/1/2011
Summary
The Quarterly Civilian Underemployment Rate measures the percentage of the labor force that is underemployed, providing a broader assessment of labor market slack than the unemployment rate.
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 Quarterly Civilian Underemployment Rate, published by the U.S. Federal Reserve, tracks individuals who are unemployed, employed part-time for economic reasons, or marginally attached to the labor force. This metric offers a more comprehensive view of labor market conditions compared to the standard unemployment rate.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The underemployment rate is a key economic indicator used by policymakers and analysts to gauge the health of the labor market and inform economic policy decisions.
Key Facts
- The underemployment rate includes unemployed, part-time for economic reasons, and marginally attached workers.
- Underemployment provides a broader measure of labor market health than the standard unemployment rate.
- The underemployment rate is used by policymakers to assess labor market conditions and inform economic policies.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Civilian Underemployment Rate measures the percentage of the labor force that is underemployed, including those who are unemployed, employed part-time for economic reasons, or marginally attached to the labor force.
Q: Why is this trend relevant for users or analysts?
A: The underemployment rate offers a more comprehensive view of labor market conditions compared to the standard unemployment rate, providing important insights for policymakers and economists.
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 underemployment rate is a key economic indicator used by policymakers and analysts to gauge the health of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly Civilian Underemployment Rate data is subject to the same update schedule and potential limitations as the Current Population Survey.
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Citation
U.S. Federal Reserve, Quarterly Civilian Underemployment Rate (ULQBBV05LUQ189N), retrieved from FRED.