Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Sweden
Annual, Seasonally Adjusted
LFHUADTTSEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
277,250.00
Year-over-Year Change
0.39%
Date Range
1/1/1983 - 1/1/2022
Summary
The 'Annual, Seasonally Adjusted' series measures the unemployment rate for the U.S. Hispanic or Latino population on a yearly basis, adjusted for seasonal factors. This metric is crucial for economists and policymakers to understand labor market dynamics and inform economic policy decisions.
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 series represents the annual unemployment rate for the Hispanic or Latino population in the United States, with seasonal adjustments made to the data. Seasonal adjustments help identify underlying trends by removing predictable fluctuations due to factors like weather or holiday seasons.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey and calculated by the Bureau of Labor Statistics.
Historical Context
The Hispanic unemployment rate is closely monitored by policymakers and analysts to assess the overall health of the labor market and inform economic policies.
Key Facts
- The Hispanic unemployment rate has historically been higher than the overall U.S. unemployment rate.
- Seasonal adjustments help identify underlying trends in Hispanic unemployment.
- Monitoring the Hispanic jobless rate is crucial for understanding labor market dynamics.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, seasonally adjusted unemployment rate for the Hispanic or Latino population in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Hispanic unemployment rate is a key indicator of labor market conditions and is closely monitored by economists and policymakers to inform economic policies.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey and calculated by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Hispanic unemployment rate is used by markets, economists, and policymakers to assess the overall health of the labor market and inform economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of about one month.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHUADTTSEA647S), retrieved from FRED.