Quarterly, Not Seasonally Adjusted
LFHUADTTG7Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,252,000.00
Year-over-Year Change
-16.61%
Date Range
1/1/1995 - 7/1/2017
Summary
This economic trend measures the unemployment rate in the United States on a quarterly, not seasonally adjusted basis. It provides insights into labor market dynamics and is a key indicator for policymakers and analysts.
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, Not Seasonally Adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment. This unadjusted data allows for analysis of underlying labor market trends without the influence of seasonal factors.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this trend to assess the overall health of the labor market and inform economic policies.
Key Facts
- The U.S. unemployment rate reached a peak of 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest unemployment rate on record was 3.5% in 2019.
- The labor force participation rate is a key factor influencing the unemployment rate.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian labor force in the United States that is jobless but actively seeking employment on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The quarterly, unadjusted unemployment rate provides insights into underlying labor market dynamics, which is crucial for policymakers and economists to assess the overall health of the economy.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to evaluate the state of the labor market and inform decisions on economic policies, such as monetary policy and workforce development initiatives.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a delay of approximately one month after the end of the reference period. The not seasonally adjusted nature of the data may limit its use for short-term analysis.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHUADTTG7Q647N), retrieved from FRED.