Total Harmonized Unemployment: Males for the European Union
Annual, Not Seasonally Adjusted
LFHUTTMAEUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,125,333.33
Year-over-Year Change
-5.87%
Date Range
1/1/2000 - 1/1/2019
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate in the United States. It provides insights into long-term unemployment patterns and is a key indicator monitored by 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 annual, not seasonally adjusted unemployment rate tracks the percentage of the U.S. civilian labor force that is jobless but actively seeking employment over a 12-month period. This metric is useful for analyzing multi-year employment trends and the overall health of the labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The annual unemployment rate is used by the Federal Reserve and other institutions to inform monetary and fiscal policies.
Key Facts
- The annual unemployment rate reached a high of 9.6% in 2010 during the Great Recession.
- In 2021, the annual unemployment rate was 5.3%.
- The lowest annual unemployment rate on record was 2.5% in 1953.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in the United States, which represents the percentage of the civilian labor force that is jobless but actively seeking employment over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The annual unemployment rate is a key indicator of the overall health of the labor market and is closely monitored by policymakers, economists, and market analysts to inform economic policies and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The annual unemployment rate is used by the Federal Reserve and other institutions to inform monetary and fiscal policies aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The annual unemployment rate data is typically published with a delay of several months, and may not capture sudden changes in the labor market due to its non-seasonally adjusted nature.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFHUTTMAEUA647N), retrieved from FRED.