Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Finland
Monthly, Not Seasonally Adjusted
LFHUADMAFIM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93,000.00
Year-over-Year Change
30.99%
Date Range
1/1/1988 - 11/1/2023
Summary
This economic indicator measures the monthly unemployment rate for metropolitan areas in the United States. It provides valuable insights into local labor market conditions and informs policy decisions.
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 Monthly, Not Seasonally Adjusted unemployment rate is a key metric used by economists and policymakers to assess the strength of regional economies. It tracks the percentage of the civilian labor force in metropolitan areas that is without a job and actively seeking employment.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by government agencies, central banks, and market analysts to gauge the health of local labor markets and inform economic policy.
Key Facts
- The national unemployment rate is typically lower than metropolitan area rates.
- Unemployment rates can vary significantly across different metropolitan regions.
- Monitoring local labor market conditions is crucial for targeted economic policies.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly unemployment rate for metropolitan areas in the United States, providing insights into local labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: The metropolitan area unemployment rate is a crucial metric for economists and policymakers to assess regional economic performance and inform targeted policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Government agencies, central banks, and market analysts closely monitor this trend to gauge the health of local labor markets and inform economic policies.
Q: Are there update delays or limitations?
A: The monthly metropolitan area unemployment rate data is released with a slight delay but provides a timely and comprehensive view of regional labor market conditions.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHUADMAFIM647N), retrieved from FRED.