Civilian Labor Force in Delaware
Annual, Not Seasonally Adjusted
LAUST100000000000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
506,840.00
Year-over-Year Change
13.78%
Date Range
1/1/1976 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures the annual unemployment rate in the United States. This key labor market indicator is closely watched by economists and policymakers to assess the overall health of the economy.
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 annual, non-seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless. It provides a broad overview of long-term employment trends, in contrast to the more volatile monthly unemployment statistics.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The annual unemployment rate is a critical input for fiscal and monetary policy decisions.
Key Facts
- The annual unemployment rate averaged 5.3% from 2010-2019.
- The highest annual unemployment rate in recent history was 9.6% in 2010.
- The annual rate is typically lower than the more volatile monthly unemployment figure.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series measures the overall percentage of the civilian labor force that is jobless on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: The annual unemployment rate provides a stable, long-term view of the labor market that is crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The annual unemployment rate is a key input for fiscal and monetary policy decisions made by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The annual unemployment data is published with a slight delay compared to the more frequently updated monthly figures.
Related Trends
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Personal Consumption Expenditures: Goods: Durable Goods for Delaware
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Real Gross Domestic Product: Mining (Except Oil and Gas) (212) in Delaware
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Total Deposits in Commercial Nonmember Banks in Delaware
X08TDCBNMBTDE
Number of Banks in Delaware
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST100000000000006A), retrieved from FRED.