Quarterly, Seasonally Adjusted
LFWA24TTG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84,236,000.00
Year-over-Year Change
-1.05%
Date Range
1/1/2005 - 4/1/2017
Summary
This economic trend measures the quarterly, seasonally adjusted unemployment rate for the U.S. It is a key indicator of labor market conditions and a focus for policymakers and analysts.
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 jobless but actively seeking employment. It is a widely followed economic statistic used to assess the health of the U.S. labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor this unemployment rate to inform economic and monetary policy decisions.
Key Facts
- The current quarterly, seasonally adjusted unemployment rate is [X.X]%.
- The unemployment rate reached a peak of [X.X]% during the [YEAR] recession.
- Long-term unemployment (27+ weeks) accounts for [XX]% of total unemployment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted unemployment rate, which tracks the percentage of the civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of labor market conditions and economic health, and it is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use the unemployment rate to inform decisions on economic and monetary policy, as it reflects the overall strength of the labor market and broader economy.
Q: Are there update delays or limitations?
A: The quarterly, seasonally adjusted unemployment rate data is released on a regular schedule by the Bureau of Labor Statistics, with some minor delays due to the survey collection process.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWA24TTG7Q647S), retrieved from FRED.