All Employees: Manufacturing: Durable Goods in Maryland
Annual, Not Seasonally Adjusted
SMU24000003100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.50
Year-over-Year Change
-3.69%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate in the United States. It is a key indicator of the overall health and performance of the U.S. 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 annual, not seasonally adjusted unemployment rate provides a broader perspective on long-term unemployment trends, without the fluctuations caused by seasonal factors such as weather, holidays, or cyclical events. This metric is closely watched by policymakers, economists, and analysts to assess the strength of the economy and inform policy decisions.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The annual, not seasonally adjusted unemployment rate is a crucial input for economic modeling, forecasting, and policy analysis.
Key Facts
- The annual, not seasonally adjusted unemployment rate in the U.S. was 3.7% in 2022.
- This metric has ranged from a low of 3.5% in 2019 to a high of 8.1% in 2010 over the past decade.
- The annual, not seasonally adjusted unemployment rate provides a longer-term perspective on labor market trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in the United States, which represents the percentage of the labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted unemployment rate is a key indicator of the overall health and performance of the U.S. labor market, providing a broader perspective on long-term trends without the influence of seasonal factors.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The annual, not seasonally adjusted unemployment rate is a crucial input for economic modeling, forecasting, and policy analysis, helping policymakers, economists, and analysts assess the strength of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate is typically released on a monthly basis, with a short delay from the reference period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU24000003100000001A), retrieved from FRED.