Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, High
This dataset tracks longer run fomc summary of economic projections for the civilian unemployment rate, central tendency, high over time.
Latest Value
4.30
Year-over-Year Change
2.38%
Date Range
2/18/2009 - 6/18/2025
Summary
The Longer Run FOMC Summary of Economic Projections tracks the Federal Reserve's high-end unemployment rate forecast. This metric provides critical insight into long-term economic expectations.
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
This projection represents the upper boundary of the Federal Open Market Committee's unemployment rate estimates. It helps economists and policymakers understand potential labor market scenarios.
Methodology
Data collected through Federal Reserve economic forecasting models and expert panel assessments.
Historical Context
Used in monetary policy planning and macroeconomic strategic decision-making.
Key Facts
- Represents high-end unemployment rate estimate
- Updated quarterly by Federal Reserve
- Critical for long-term economic planning
FAQs
Q: What does the UNRATECTHLR series represent?
A: It shows the highest projected unemployment rate in the Federal Reserve's long-term economic summary. Helps understand potential labor market challenges.
Q: How often is this projection updated?
A: The Federal Reserve updates these projections quarterly during FOMC meetings. Provides most current economic outlook.
Q: Why are high-end unemployment estimates important?
A: They help policymakers prepare for potential economic downturns and develop proactive economic strategies.
Q: How accurate are these long-term projections?
A: Projections are expert-based estimates and can change with economic conditions. They provide guidance, not guaranteed predictions.
Q: Who uses these unemployment projections?
A: Economists, policymakers, investors, and researchers use these projections for strategic planning.
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Citation
U.S. Federal Reserve, Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, High (UNRATECTHLR), retrieved from FRED.