Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Luxembourg
Annual, Not Seasonally Adjusted
LMJVTTUVLUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,237.92
Year-over-Year Change
524.62%
Date Range
1/1/1960 - 1/1/2022
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate in the United States. It is a key indicator of labor market conditions and a focus for 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 total labor force that is jobless and actively seeking employment over a 12-month period. This broad metric is used to assess the health of the U.S. labor market and overall economic conditions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Key Facts
- The U.S. annual unemployment rate averaged 5.3% in 2022.
- Unemployment rates tend to rise during economic downturns and fall during periods of growth.
- The lowest annual unemployment rate on record was 2.5% in 1953.
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 total labor force that is jobless and actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market conditions and overall economic health, making it highly relevant for 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: The unemployment rate is closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is subject to revisions and may have a delay of several months before the latest figures are published.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LMJVTTUVLUA647N), retrieved from FRED.