Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Sweden

Annual, Not Seasonally Adjusted

LMJVTTUVSEA647N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

156,236.60

Year-over-Year Change

245.23%

Date Range

1/1/1962 - 1/1/2023

Summary

This measure tracks the annual, not seasonally adjusted unemployment rate for the United States. It provides a high-level snapshot of long-term labor market trends.

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 represents the percentage of the civilian labor force that is jobless. This broad indicator is used by economists and policymakers to assess the overall health and direction of the U.S. job market.

Methodology

The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.

Historical Context

The annual unemployment rate is a key input for economic and fiscal policy decisions.

Key Facts

  • The annual unemployment rate reached a high of 14.7% in 2020 due to the COVID-19 pandemic.
  • The average annual unemployment rate from 2010-2019 was 6.8%.
  • In 2021, the annual unemployment rate declined to 5.3%.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the annual, not seasonally adjusted unemployment rate for the United States, representing the percentage of the civilian labor force that is jobless.

Q: Why is this trend relevant for users or analysts?

A: The annual unemployment rate is a key barometer of overall labor market health and a critical input for economic and policy decisions.

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 on behalf of the Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: The annual unemployment rate is a crucial metric monitored by policymakers, economists, and market analysts to assess the state of the U.S. job market and guide fiscal and monetary policy decisions.

Q: Are there update delays or limitations?

A: The annual unemployment rate data is published with a short delay, typically a few months after the end of the year.

Related Trends

Citation

U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LMJVTTUVSEA647N), retrieved from FRED.