Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Hungary
Annual, Not Seasonally Adjusted
LFHUADTTHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142,916.67
Year-over-Year Change
-63.43%
Date Range
1/1/1995 - 1/1/2022
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate for the United States. It provides important insights into the country's labor market dynamics.
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 annual, not seasonally adjusted unemployment rate tracks the percentage of the U.S. civilian labor force that is jobless, excluding seasonal variations. This metric is a key indicator of overall economic health and is closely monitored by policymakers.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for Federal Reserve monetary policy decisions and economic analysis.
Key Facts
- The annual unemployment rate averaged 3.7% in 2019.
- The rate peaked at 14.7% in April 2020 due to the COVID-19 pandemic.
- The unemployment rate has declined steadily since the 2020 peak.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate for the United States. It tracks the percentage of the civilian labor force that is jobless, excluding seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of overall economic health and labor market conditions. It is closely monitored by policymakers, economists, and market participants to assess the strength 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.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for Federal Reserve monetary policy decisions and is used by economists and institutions to analyze the state of the labor market and broader economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a typical release delay of approximately two weeks.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFHUADTTHUA647N), retrieved from FRED.