New Privately-Owned Housing Units Under Construction: Single-Family Units in the Midwest Census Region
Not Seasonally Adjusted
UNDCONMW1UNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.90
Year-over-Year Change
6.69%
Date Range
1/1/1984 - 6/1/2025
Summary
The 'Not Seasonally Adjusted' data series represents the unemployment rate in the United States. This key economic indicator is widely used by policymakers and analysts to understand labor market 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 unemployment rate is a core statistic for evaluating the health of the U.S. economy. It measures the percentage of the total labor force that is jobless but actively seeking employment. This data is not seasonally adjusted, providing a more unfiltered view of unemployment trends.
Methodology
The unemployment rate is calculated by the U.S. Bureau of Labor Statistics based on household survey data.
Historical Context
The unemployment rate is a crucial input for Federal Reserve monetary policy decisions and is closely watched by financial markets.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has averaged around 5-6% over the past decade.
- Women and minority groups often experience higher unemployment rates than the national average.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' data series measures the unemployment rate in the United States, which is the percentage of the total labor force that is jobless but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the health of the U.S. labor market and economy. It is closely watched by policymakers, economists, and financial market participants.
Q: How is this data collected or calculated?
A: The unemployment rate is calculated by the U.S. Bureau of Labor Statistics based on data from the Current Population Survey, a monthly household survey.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input for Federal Reserve monetary policy decisions, as it reflects overall labor market conditions and helps guide interest rate adjustments.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly by the Bureau of Labor Statistics, with a typical 1-2 week delay from the end of the reference period.
Related Trends
Income Before Taxes: Public Assistance, Supplemental Security Income, SNAP by Region: Residence in the Midwest Census Region
CXUWELFARELB1103M
Income Before Taxes: Interest, Dividends, Rent Income, Property Income by Region: Residence in the Midwest Census Region
CXUINDIVRNTLB1103M
New Privately Owned Housing Starts by Purpose of Construction, Built for Sale Total Two or More Units in the Midwest Census Region
HOUSTPFST2UMMWQ
Homeownership Rate in the Midwest Census Region
RHORMWQ156N
Hires: Total Nonfarm in Midwest Census Region
JTS00MWHIL
Expenditures: Drugs: Prescription and Nonprescription by Region: Residence in the Midwest Census Region
CXUDRUGSLB1103M
Citation
U.S. Federal Reserve, Not Seasonally Adjusted (UNDCONMW1UNSA), retrieved from FRED.