Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Czechia
Quarterly, Seasonally Adjusted
LMUNRRTTCZQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.03
Year-over-Year Change
0.70%
Date Range
1/1/1990 - 10/1/2012
Summary
The Quarterly, Seasonally Adjusted series measures the unemployment rate in the United States on a quarterly basis, adjusted for seasonal factors. This metric is a key economic indicator used by policymakers and analysts to assess the strength 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 Quarterly, Seasonally Adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless. It is a widely followed indicator of overall economic health and a crucial data point for the Federal Reserve and other policymakers when evaluating the need for policy interventions.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is closely monitored by financial markets and plays a central role in the Federal Reserve's decisions on monetary policy.
Key Facts
- The U.S. unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The unemployment rate has returned to pre-pandemic levels, reaching 3.5% as of Q4 2022.
- Historically, the U.S. unemployment rate has averaged around 5-6% over the past several decades.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the percentage of the civilian labor force in the United States that is currently unemployed on a quarterly basis, with adjustments made 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 the broader economy. It helps policymakers, investors, and economists assess the strength of the job market and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household 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 a key input for the Federal Reserve's monetary policy decisions, as it helps the central bank evaluate the need for interest rate adjustments or other interventions to promote full employment and price stability.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted unemployment rate data is published by the Federal Reserve with a lag of approximately one quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LMUNRRTTCZQ156S), retrieved from FRED.