Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Hungary
Annual, Not Seasonally Adjusted
LMJVTTUVHUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74,640.84
Year-over-Year Change
81.51%
Date Range
1/1/1992 - 1/1/2023
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate in the United States. It provides key insights into the country's labor market and overall economic 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 annual, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment. This metric is widely used by economists and policymakers to evaluate the strength and stability of the U.S. economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical indicator for the Federal Reserve and other institutions when making economic policy decisions.
Key Facts
- The annual, not seasonally adjusted unemployment rate in the U.S. was 3.7% in 2022.
- The rate has fluctuated between 2.5% and 10% over the past two decades.
- Unemployment is a lagging economic indicator, reflecting past business conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate in the United States, which represents 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 the overall strength and stability of the U.S. economy, providing valuable 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 conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key metric monitored by the Federal Reserve and other institutions when making decisions about monetary and fiscal policies to promote economic growth and stability.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is published with a relatively short delay, typically within a few months of the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LMJVTTUVHUA647N), retrieved from FRED.