Quits: Total Nonfarm in Midwest Census Region
Rate, Not Seasonally Adjusted
JTU00MWQUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.20
Year-over-Year Change
0.00%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Rate, Not Seasonally Adjusted' economic trend measures the monthly unemployment rate in the U.S. This key labor market indicator is closely tracked by economists and policymakers.
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 series represents the unemployment rate as a percentage of the total civilian labor force, without seasonal adjustments. The non-seasonally adjusted rate provides an unfiltered view of unemployment trends that can inform labor market analysis and economic policy decisions.
Methodology
The data is collected through household surveys by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical input for the Federal Reserve and other institutions when evaluating the strength of the economy and considering policy actions.
Key Facts
- The U.S. unemployment rate averaged 5.4% in 2022.
- Unemployment spiked to 14.7% in April 2020 due to the COVID-19 pandemic.
- The Federal Reserve aims for 'full employment' as part of its dual mandate.
FAQs
Q: What does this economic trend measure?
A: The 'Rate, Not Seasonally Adjusted' series tracks the monthly unemployment rate in the United States, representing the percentage of the total civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market health and a critical input for economic policymakers when evaluating the strength of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve and other institutions when considering monetary policy actions and assessing the overall state of the economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly with a typical lag of a few weeks from the end of the reference period.
Related Trends
Net Change in Total Liabilities by Region: Residence in the Midwest Census Region
CXUCHGLIABLB1103M
Average Duration (in Quarters) from Business Application to Formation Within Eight Quarters: Total for All NAICS in Midwest Census Region
BFDUR8QTOTALNSAMW
Expenditures: Other Vehicle Purchases by Region: Residence in the Midwest Census Region
CXUOTHVEHCLLB1103M
Resident Population in the Midwest Census Region
CMWRPOP
Housing Inventory Estimate: Vacant Housing Units for Rent in the Midwest Census Region
ERENTMWQ176N
Job Openings: Total Nonfarm in Midwest Census Region
JTS00MWJOL
Citation
U.S. Federal Reserve, Rate, Not Seasonally Adjusted (JTU00MWQUR), retrieved from FRED.