Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Hungary

Quarterly

HUNCP080000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

113.18

Year-over-Year Change

25.68%

Date Range

1/1/2007 - 1/1/2025

Summary

The Quarterly Unemployment Rate is a key economic indicator that measures the percentage of the labor force that is unemployed in the United States on a quarterly basis. It provides important insights into the overall 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 Quarterly Unemployment Rate, published by the U.S. Bureau of Labor Statistics, is a widely-watched economic statistic that tracks the share of the civilian labor force that is jobless. It is a fundamental indicator of economic performance and a crucial input for policymakers and analysts.

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 a vital metric used by the Federal Reserve, government economists, and market participants to assess the strength of the U.S. economy and guide policy decisions.

Key Facts

  • The quarterly unemployment rate averaged 3.7% in 2022.
  • The rate peaked at 14.7% in Q2 2020 during the COVID-19 pandemic.
  • Historically, the quarterly unemployment rate has ranged from around 3% to 10%.

FAQs

Q: What does the Quarterly Unemployment Rate measure?

A: The Quarterly Unemployment Rate measures the percentage of the U.S. civilian labor force that is jobless and actively seeking employment during a given quarter.

Q: Why is the Quarterly Unemployment Rate relevant for users or analysts?

A: The unemployment rate is a critical economic indicator that provides insights into the strength of the labor market and the overall health of the U.S. economy. It is closely monitored by policymakers, economists, and market participants.

Q: How is the Quarterly Unemployment Rate 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 the Quarterly Unemployment Rate used in economic policy?

A: The unemployment rate is a key input for the Federal Reserve's monetary policy decisions and is closely watched by government economists to assess the strength of the labor market and guide policy interventions.

Q: Are there any update delays or limitations with the Quarterly Unemployment Rate data?

A: The Quarterly Unemployment Rate data is typically released with a short delay, approximately one month after the end of the reference quarter. There are no major known limitations with the data.

Related Trends

Citation

U.S. Bureau of Labor Statistics, Quarterly Unemployment Rate (HUNCP080000IXOBQ), retrieved from FRED.