Annual, Not Seasonally Adjusted
LFHUTTTTG7A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,546,000.00
Year-over-Year Change
-8.94%
Date Range
1/1/1991 - 1/1/2016
Summary
This economic trend measures the annual unemployment rate in the United States, not adjusted for seasonal variations. It provides insight into long-term labor market dynamics.
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 is a key measure of labor market health and economic performance. It is used by policymakers and analysts to evaluate the overall strength of the U.S. economy over time.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for Federal Reserve monetary policy decisions and economic forecasting.
Key Facts
- The annual unemployment rate averaged 3.7% in 2019.
- Unemployment rose sharply in 2020 due to the COVID-19 pandemic.
- Historically, the U.S. unemployment rate has ranged from around 3.5% to 10%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in the United States. It provides a long-term perspective on labor market conditions.
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 U.S. economy and is closely monitored by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for Federal Reserve monetary policy decisions and is used by economists and analysts to assess the strength of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is typically published with a lag of several months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFHUTTTTG7A647S), retrieved from FRED.