All Employees: Financial Activities in Mississippi
Annual, Not Seasonally Adjusted
SMU28000005500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.20
Year-over-Year Change
2.49%
Date Range
1/1/1990 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted unemployment rate in the United States. It provides crucial insights into long-term labor market trends.
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 is a key economic indicator that tracks the percentage of the U.S. civilian labor force that is jobless. It offers a broader perspective on the labor market compared to monthly, seasonally adjusted data.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor this metric to understand the overall health of the U.S. labor market.
Key Facts
- The annual unemployment rate in the U.S. reached a high of 9.6% in 2010.
- The lowest annual unemployment rate in the past decade was 3.7% in 2019.
- The annual unemployment rate is typically higher than the monthly, seasonally adjusted rate.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted unemployment rate in the United States, which represents the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted unemployment rate provides a broader perspective on long-term labor market trends, which is crucial for policymakers and economists to assess the overall health of the U.S. economy.
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: Policymakers and economists closely monitor this metric to understand the overall health of the U.S. labor market and inform decisions related to monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is released on a regular basis with minimal update delays, providing timely insights into long-term labor market trends.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU28000005500000001A), retrieved from FRED.