Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Luxembourg
Monthly, Not Seasonally Adjusted
LMJVTTUVLUM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,997.00
Year-over-Year Change
-35.95%
Date Range
1/1/1960 - 11/1/2023
Summary
This series measures the monthly, not seasonally adjusted unemployment level in the United States. It is a key economic indicator closely tracked 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 monthly, not seasonally adjusted unemployment level represents the total number of people in the U.S. who are without a job and actively seeking employment. This metric provides unfiltered insight into unemployment trends, complementing the seasonally adjusted data.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This unemployment metric is used to evaluate the broader economic conditions and guide policy decisions.
Key Facts
- The U.S. unemployment level was 6.4 million in January 2023.
- Unemployment reached a peak of 14.7% in April 2020 during the COVID-19 pandemic.
- The labor force participation rate was 62.4% in January 2023.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of people in the United States who are without a job and actively seeking employment, on a monthly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The monthly, not seasonally adjusted unemployment level provides unfiltered insight into labor market conditions, complementing the seasonally adjusted data and helping policymakers and analysts assess the overall health of the economy.
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: This unemployment metric is closely monitored by the Federal Reserve and other policymakers to evaluate broader economic conditions and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LMJVTTUVLUM647N), retrieved from FRED.