Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Sweden
Annual, Seasonally Adjusted
LMUNRLTTSEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160,054.80
Year-over-Year Change
-22.47%
Date Range
1/1/1982 - 1/1/2023
Summary
The Annual, Seasonally Adjusted trend measures the U.S. unemployment rate, a key indicator of economic health and labor market 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
This series represents the seasonally adjusted unemployment rate in the United States on an annual basis. It is a widely tracked economic indicator used by policymakers, analysts, and businesses to gauge the strength of the labor market.
Methodology
The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical input for Federal Reserve monetary policy decisions and broader economic forecasting.
Key Facts
- The U.S. unemployment rate reached a peak of 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has generally trended downward since the Great Recession, falling from a high of 10% in October 2009.
- Economists view the unemployment rate as a lagging indicator, meaning it typically changes after other economic conditions have shifted.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the overall unemployment rate in the United States on an annual basis, adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical indicator of the health of the labor market and broader economic conditions, making it a key input for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly 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 a crucial input for Federal Reserve monetary policy decisions and broader economic forecasting and analysis.
Q: Are there update delays or limitations?
A: The unemployment rate data is released monthly, with a slight delay, and is subject to revisions as more information becomes available.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Sweden
SWECPHP1000GYM
Total Credit to Households and NPISHs, Adjusted for Breaks, for Sweden
QSEHAM770A
Harmonized Index of Consumer Prices: Household Textiles for Sweden
CP0520SEM086NEST
Sales: Retail Trade: Total Retail Trade: Volume for Sweden
SLRTTO01SEA657S
Total Credit to General Government, Adjusted for Breaks, for Sweden
QSEGAM770A
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Sweden
LREM64FESEA156N
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LMUNRLTTSEA647S), retrieved from FRED.