Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Austria
Quarterly, Not Seasonally Adjusted
LMUNRRTTATQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.98
Year-over-Year Change
-32.28%
Date Range
1/1/1950 - 7/1/2023
Summary
This economic trend measures the total number of unemployed individuals in the United States on a quarterly, not seasonally adjusted basis. It provides valuable insights into the state of the labor market and is closely monitored by economists and 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 Quarterly, Not Seasonally Adjusted unemployment data represents the total number of people in the U.S. who are jobless, available for work, and actively seeking employment during a given quarter. This metric is crucial for understanding the underlying trends in the labor force and informing economic and policy decisions.
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
This trend is widely used by economists, policymakers, and market analysts to assess the health of the U.S. economy and guide economic policies.
Key Facts
- The U.S. unemployment rate averaged 5.7% in 2022.
- The COVID-19 pandemic caused a significant increase in unemployment in 2020.
- The labor force participation rate was 62.3% in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unemployed individuals in the United States on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the state of the U.S. labor market and is closely monitored by economists and policymakers to assess the health of the economy and inform economic policies.
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: This trend is widely used by economists, policymakers, and market analysts to assess the health of the U.S. economy and guide economic policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a slight delay, as it is collected through a survey process.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LMUNRRTTATQ156N), retrieved from FRED.