Civilian Labor Force in the District of Columbia
Annual, Not Seasonally Adjusted
LAUST110000000000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
416,148.00
Year-over-Year Change
14.88%
Date Range
1/1/1976 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures total unemployment in the United States. It provides key insights into long-term labor market conditions and is a critical economic indicator for policymakers.
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 series from the U.S. Bureau of Labor Statistics tracks the total number of unemployed persons in the civilian labor force. The data is collected through household surveys and is used to assess the overall health of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Economists and policymakers closely monitor this unemployment trend to inform decisions on monetary and fiscal policies.
Key Facts
- The annual unemployment rate in the U.S. peaked at 9.6% in 2010 during the Great Recession.
- The U.S. unemployment rate has generally trended downward since the early 2010s.
- Long-term unemployment is a key concern for policymakers aiming to promote full employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unemployed persons in the U.S. civilian labor force on an annual, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The annual unemployment trend provides a high-level view of long-term labor market conditions, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this unemployment trend to inform decisions on monetary and fiscal policies aimed at promoting full employment.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment data is published with a slight delay, typically a few months after the end of the calendar year.
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Citation
U.S. Bureau of Labor Statistics, Annual, Not Seasonally Adjusted (LAUST110000000000006A), retrieved from FRED.