Infra-Annual Labor Statistics: Unemployment Total: From 55 to 64 Years for Hungary
Quarterly, Not Seasonally Adjusted
LFUN55TTHUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25,600.00
Year-over-Year Change
8.02%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the quarterly, not seasonally adjusted unemployment rate for the United States. It is a key indicator of labor market conditions and economic performance.
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 quarterly, not seasonally adjusted unemployment rate tracks the percentage of the total labor force that is jobless and actively seeking employment. This data provides important insights into the underlying strength and resilience of the U.S. economy.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
Economists and policymakers closely monitor this unemployment rate trend to assess the health of the labor market and inform economic policy decisions.
Key Facts
- The quarterly, not seasonally adjusted unemployment rate averaged 5.7% in 2022.
- The rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The U.S. has maintained a relatively low unemployment rate compared to historical averages.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted unemployment rate in the United States, which represents the percentage of the labor force that is jobless and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The quarterly, not seasonally adjusted unemployment rate is a key indicator of labor market conditions and overall economic performance, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this unemployment rate trend to assess the health of the labor market and inform economic policy decisions, such as adjusting interest rates or implementing targeted employment programs.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted unemployment rate data is typically released with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFUN55TTHUQ647N), retrieved from FRED.