Employed Persons in Midwest Census Region
Monthly, Not Seasonally Adjusted
LAURD920000000000005 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,642,829.00
Year-over-Year Change
0.42%
Date Range
1/1/1976 - 6/1/2025
Summary
The Monthly, Not Seasonally Adjusted series measures the unemployment rate for the United States. This key economic indicator provides 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
This unemployment rate series represents the percentage of the civilian labor force that is jobless. It is a widely followed statistic used by economists, policymakers, and investors to assess economic conditions and make informed decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a crucial input for monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate was 3.5% in February 2020, prior to the COVID-19 pandemic.
- The unemployment rate peaked at 14.7% in April 2020 due to the economic impact of the pandemic.
- The unemployment rate has since declined but remains elevated compared to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Not Seasonally Adjusted series measures the percentage of the civilian labor force that is jobless in the United States.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the overall health of the labor market and the broader economy, making it highly relevant for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
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 helps policymakers assess the strength of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of approximately one month.
Related Trends
New Houses Sold by Sales Price Between $400,000 and $499,999 in the Midwest Census Region
NHSMWSP40T49A
Hires: Total Nonfarm in Midwest Census Region
JTS00MWHIL
Expenditures: Cash Contributions by Region: Residence in the Midwest Census Region
CXUCASHCONTLB1103M
New Privately Owned Housing Completions Average Square Feet of Floor Area for Two or More Units in the Midwest Census Region
COMPSFLAA2UMMWQ
Expenditures: Poultry by Region: Residence in the Midwest Census Region
CXUPOULTRYLB1103M
New Privately Owned Housing Starts by Number of Units in Building, 5 to 9 Units in the Midwest Census Region
HOUSTOB59UMMWQ
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LAURD920000000000005), retrieved from FRED.