Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Portugal
Quarterly, Not Seasonally Adjusted
LFHUADTTPTQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
249,333.33
Year-over-Year Change
-20.43%
Date Range
1/1/1998 - 7/1/2023
Summary
This quarterly, not seasonally adjusted economic trend measures the unemployment rate for adults aged 25 and over in the United States. Understanding unemployment patterns is crucial for policymakers and analysts assessing labor market conditions.
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 provides an unsmoothed view of unemployment for the prime working-age population. It offers a complementary perspective to headline seasonally adjusted rates, allowing identification of underlying trends and cyclical patterns.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
This unemployment metric is widely tracked by the Federal Reserve, economists, and market participants to gauge the strength of the U.S. labor market.
Key Facts
- The Q3 2022 quarterly, not seasonally adjusted unemployment rate was 2.5%.
- This metric provides a more volatile but unbiased view of unemployment trends.
- Policymakers use it to supplement headline unemployment statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted unemployment rate for adults aged 25 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: This unsmoothed unemployment metric offers valuable insights into underlying labor market dynamics that can complement the more widely reported seasonally adjusted rates.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: The Federal Reserve, economists, and market participants closely track this unemployment metric to gauge the strength of the U.S. labor market and inform policy decisions.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted unemployment data is published with the same timeliness as the headline monthly unemployment statistics.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHUADTTPTQ647N), retrieved from FRED.