Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Denmark
Annual, Seasonally Adjusted
LFHUTTMADKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101,416.70
Year-over-Year Change
-13.93%
Date Range
1/1/1983 - 1/1/2024
Summary
This economic trend measures the annual unemployment rate in the U.S., seasonally adjusted. It is a key indicator used by policymakers and economists to assess the health of the labor market.
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, seasonally adjusted unemployment rate tracks the percentage of the U.S. civilian labor force that is jobless but actively seeking employment. It is a widely followed statistic that provides insights into the broader economic climate.
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 unemployment rate informs Federal Reserve monetary policy decisions and is closely watched by financial markets.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 2.5% in May 1953.
- The average U.S. unemployment rate from 1948 to 2022 is 5.8%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual unemployment rate in the United States, seasonally adjusted to account for regular fluctuations.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the health of the labor market and the broader economy, informing policymakers and market participants.
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 unemployment rate is closely watched by the Federal Reserve and informs its monetary policy decisions, as well as being a closely followed metric by financial markets.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly with a typical lag of around 1-2 weeks.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHUTTMADKA647S), retrieved from FRED.