All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Pennsylvania
Monthly, Seasonally Adjusted
SMS42000004300000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
338.80
Year-over-Year Change
1.83%
Date Range
1/1/1990 - 7/1/2025
Summary
This monthly, seasonally adjusted economic indicator tracks the unemployment rate in the United States. It is a key metric used by policymakers and economists to assess the health of the labor market.
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 U.S. unemployment rate measures the percentage of the civilian labor force that is jobless. It is a widely followed economic indicator that provides insight into overall employment conditions and labor market trends.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has returned to pre-pandemic levels, reaching 3.5% as of August 2022.
- Long-term unemployment remains a concern, with 1.1 million Americans jobless for 27 weeks or more as of August 2022.
FAQs
Q: What does this economic trend measure?
A: The U.S. unemployment rate measures the percentage of the civilian labor force that is jobless and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the overall health of the labor market and economy. It informs policymaking, investment decisions, and consumer confidence.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions that aim to promote full employment and price stability.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly with a relatively short delay, making it a timely indicator of labor market conditions. However, the survey-based nature of the data means it may not fully capture all employment changes.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMS42000004300000001), retrieved from FRED.