Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Russia
Seasonally Adjusted
LFUNTTMARUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,837,595.00
Year-over-Year Change
-47.18%
Date Range
1/1/1992 - 1/1/2021
Summary
This series measures the seasonally adjusted unemployment rate in the United States. It is a key economic indicator used by policymakers and analysts to assess the health of the labor market.
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 seasonally adjusted unemployment rate is a measure of the percentage of the civilian labor force that is jobless. It is adjusted to account for typical seasonal variations in employment, providing a more accurate representation of underlying labor market trends.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly survey of households conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other economic policymakers to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has returned to pre-pandemic levels, reaching 3.5% as of August 2022.
- Seasonal adjustments help account for regular fluctuations in employment, such as increases during summer months.
FAQs
Q: What does this economic trend measure?
A: The seasonally adjusted unemployment rate measures the percentage of the civilian labor force that is jobless, with adjustments made to account for typical seasonal variations in employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key economic indicator used by policymakers, businesses, and analysts to assess the overall health of the labor market and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), 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 closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions, as it is a crucial indicator of the overall state of the economy.
Q: Are there update delays or limitations?
A: The seasonally adjusted unemployment rate data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of approximately two to three weeks.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Unemployment Rate (LFUNTTMARUA647S), retrieved from FRED.