Annual, Not Seasonally Adjusted
LFUNTTMAG7A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,321,000.00
Year-over-Year Change
-6.90%
Date Range
1/1/1962 - 1/1/2016
Summary
This series measures the annual, not seasonally adjusted unemployment rate in the United States. It provides a snapshot of the overall labor market health and is a key economic 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 civilian labor force that is jobless. This broad indicator offers insight into the strength of the U.S. economy and informs policy decisions related to employment, inflation, and growth.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through monthly household surveys.
Historical Context
The unemployment rate is a closely watched metric used by the Federal Reserve, Congress, and other institutions to assess economic conditions and guide policy.
Key Facts
- The annual unemployment rate averaged 5.3% in 2022.
- The highest annual unemployment rate on record was 14.7% in 2020.
- Unemployment data is collected through the Current Population Survey.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted unemployment rate in the United States, which tracks the percentage of the civilian labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key economic indicator that provides insight into the overall health of the labor market and the broader economy, informing policy decisions by the Federal Reserve, Congress, and other institutions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through monthly household surveys.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the Federal Reserve, Congress, and other policymakers to assess economic conditions and guide decisions related to employment, inflation, and growth.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is published monthly with a brief delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUNTTMAG7A647S), retrieved from FRED.