Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Luxembourg
Quarterly, Not Seasonally Adjusted
LMUNRLTTLUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,521.33
Year-over-Year Change
-6.22%
Date Range
1/1/1960 - 10/1/2023
Summary
This series measures the total civilian labor force unemployment rate in the United States on a quarterly, not seasonally adjusted basis. It is a key economic indicator used to assess the strength and dynamics of the U.S. 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 quarterly, not seasonally adjusted unemployment rate tracks the percentage of the total civilian labor force that is without jobs and actively seeking employment. This metric provides important insights into the overall health and trends of the U.S. economy.
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 unemployment rate is closely monitored by policymakers, economists, and market analysts to inform economic and monetary policy decisions.
Key Facts
- The U.S. unemployment rate averaged 5.8% in 2022.
- The unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- Historically, the U.S. unemployment rate has ranged from around 3% to 10%.
FAQs
Q: What does this economic trend measure?
A: This series measures the total civilian labor force unemployment rate in the United States on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the overall health and dynamics of the U.S. labor market, which is closely monitored by policymakers, economists, 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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is used by policymakers and economists to inform economic and monetary policy decisions, as it provides insights into the strength and direction of the U.S. economy.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted unemployment rate data is published with a lag of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LMUNRLTTLUQ647N), retrieved from FRED.