Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Luxembourg
Quarterly, Seasonally Adjusted
LFUN74MALUQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,278.19
Year-over-Year Change
62.53%
Date Range
1/1/2007 - 1/1/2025
Summary
This series measures the quarterly, seasonally adjusted unemployment rate for the civilian labor force. It is a key indicator of overall economic health and labor market conditions.
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, seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is without a job but actively seeking employment. This metric is closely watched by economists, policymakers, and market analysts as it reflects broader trends in the economy and can inform decisions around monetary and fiscal policy.
Methodology
The data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for the Federal Reserve and other government entities when evaluating the state of the economy and considering appropriate policy responses.
Key Facts
- The unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The rate has steadily declined from its pandemic peak, reaching 3.5% as of January 2023.
- The Federal Reserve closely monitors the unemployment rate when setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly, seasonally adjusted unemployment rate for the civilian labor force in the United States.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of overall economic health and labor market conditions, and is closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for the Federal Reserve and other government entities when evaluating the state of the economy and considering appropriate policy responses.
Q: Are there update delays or limitations?
A: The unemployment rate data is published on a monthly basis with a slight delay, typically around two to three weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFUN74MALUQ647S), retrieved from FRED.