Quarterly, Seasonally Adjusted
AUSURFEMQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
294.19
Year-over-Year Change
5.35%
Date Range
1/1/1964 - 1/1/2012
Summary
The Quarterly, Seasonally Adjusted series measures the unemployment rate for the U.S. on a quarterly basis, adjusting for seasonal variations. This key economic indicator provides insights into 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
This unemployment rate series from the U.S. Bureau of Labor Statistics tracks the percentage of the civilian labor force that is jobless. It is a widely monitored statistic used by policymakers, economists, and analysts to assess economic conditions and inform policy decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a crucial input for monetary and fiscal policy, as well as a barometer of the broader economy.
Key Facts
- The U.S. unemployment rate averaged 5.4% in 2022.
- The unemployment rate peaked at 14.7% in April 2020 due to the COVID-19 pandemic.
- The civilian labor force participation rate was 62.2% as of December 2022.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the percentage of the civilian labor force in the United States that is unemployed on a quarterly basis, with adjustments made for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the health of the labor market and the broader economy. It is closely monitored by policymakers, economists, and market participants to inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys 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 unemployment rate is a key input for monetary and fiscal policy decisions, as it provides insights into the overall state of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted unemployment rate data is published by the Bureau of Labor Statistics with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (AUSURFEMQDSMEI), retrieved from FRED.