Quarterly, Not Seasonally Adjusted
LFUN24FEO1Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,812,000.00
Year-over-Year Change
-18.76%
Date Range
1/1/2005 - 4/1/2017
Summary
The 'Quarterly, Not Seasonally Adjusted' trend measures the number of unemployed individuals in the United States labor force. This statistic is crucial for economists and policymakers to understand labor market dynamics and inform 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 trend represents the total number of people in the U.S. who are actively seeking employment but have not found a job, reported on a quarterly basis without seasonal adjustments. It provides an unvarnished view of the unemployment situation that can inform economic analysis and guide policy responses.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a key indicator used by the Federal Reserve and other economic policymakers to assess the strength of the labor market.
Key Facts
- The U.S. unemployment rate was 3.5% in Q4 2019, the lowest in 50 years.
- The COVID-19 pandemic caused the unemployment rate to spike to 14.7% in April 2020.
- Long-term unemployment remains a concern, with over 1 million Americans jobless for 27 weeks or more.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Not Seasonally Adjusted' trend measures the total number of unemployed individuals in the U.S. labor force, reported on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This unemployment statistic is a crucial indicator of labor market conditions and is closely monitored by economists, policymakers, and market analysts to inform economic analysis and guide policy decisions.
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.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key indicator used by the Federal Reserve and other economic policymakers to assess the strength of the labor market and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of around one month after the end of the reporting period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFUN24FEO1Q647N), retrieved from FRED.