Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Luxembourg
Annual, Seasonally Adjusted
LMUNRRTTLUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.42
Year-over-Year Change
73.02%
Date Range
1/1/1985 - 1/1/2016
Summary
The Annual, Seasonally Adjusted series measures the unemployment rate in the United States on an annual basis, adjusted for seasonal variations. This metric is crucial for economists and policymakers to understand labor market trends and inform economic policy decisions.
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, Seasonally Adjusted unemployment rate represents the percentage of the total labor force that is unemployed but actively seeking employment and available for work. This key economic indicator is widely used to assess the health of the U.S. labor market and overall economic conditions.
Methodology
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.
Historical Context
The unemployment rate is a primary consideration for the Federal Reserve and other policymakers when making decisions about monetary policy and interventions to support the economy.
Key Facts
- The U.S. unemployment rate reached a peak of 14.7% in April 2020 due to the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 3.5% in September 2019.
- The Federal Reserve closely monitors the unemployment rate when setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures the percentage of the total U.S. labor force that is unemployed but actively seeking and available for work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the health of the labor market and overall economic conditions, and is closely watched by policymakers, economists, and market participants.
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 primary consideration for the Federal Reserve and other policymakers when making decisions about monetary policy and interventions to support the economy.
Q: Are there update delays or limitations?
A: The Annual, Seasonally Adjusted unemployment rate data is published monthly with a brief delay, and may be subject to revisions as more information becomes available.
Related Trends
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Luxembourg
LFUN74MALUA647N
Production: Construction: Total for Luxembourg
PRCNTO01LUA657S
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Luxembourg
LRHUTTFELUA156N
Balance of Payments: Goods: Expenditure for Luxembourg
LUXB6DBTD01CXCUSAQ
Production: Industry: Total Industry Excluding Construction for Luxembourg
PRINTO01LUQ659S
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 25 to 54 Years for Luxembourg
LFIN25MALUA647S
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LMUNRRTTLUA156S), retrieved from FRED.