Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Luxembourg
Monthly, Not Seasonally Adjusted
LFHUADTTLUM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,000.00
Year-over-Year Change
16.67%
Date Range
1/1/1983 - 11/1/2023
Summary
This series measures the monthly unemployment rate in the United States on a not seasonally adjusted basis. It provides important insights into labor market dynamics and is closely monitored 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
The not seasonally adjusted unemployment rate is a key economic indicator that reflects the overall state of the U.S. labor market. It tracks the percentage of the civilian labor force that is jobless but actively seeking employment during a given month.
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
The not seasonally adjusted unemployment rate is used to assess short-term labor market trends and inform economic policy decisions.
Key Facts
- The U.S. not seasonally adjusted unemployment rate averaged 5.7% in 2022.
- The rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The civilian labor force included approximately 164 million people as of December 2022.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly unemployment rate in the United States on a not seasonally adjusted basis, reflecting the overall state of the labor market.
Q: Why is this trend relevant for users or analysts?
A: The not seasonally adjusted unemployment rate is a key economic indicator used by policymakers, economists, and market analysts to assess short-term labor market trends and inform economic decisions.
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: The not seasonally adjusted unemployment rate is used by the Federal Reserve, government agencies, and other institutions to evaluate the health of the labor market and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The not seasonally adjusted unemployment rate data is published monthly with a short delay, providing timely insights into the U.S. labor market.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHUADTTLUM647N), retrieved from FRED.