Unemployment Rate - 20 Yrs. & over
LNS14000024 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.80
Year-over-Year Change
-2.56%
Date Range
1/1/1948 - 7/1/2025
Summary
Measures the percentage of unemployed individuals aged 20 and older in the United States. This rate is a crucial indicator of overall labor market health and economic 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
The unemployment rate represents the proportion of the labor force without jobs but actively seeking employment. It's a key macroeconomic indicator.
Methodology
Calculated monthly through the Bureau of Labor Statistics Current Population Survey.
Historical Context
Essential for economic policy decisions and understanding workforce dynamics.
Key Facts
- Percentage of jobless adults 20+
- Monthly statistical measurement
- Indicates economic performance
FAQs
Q: How is unemployment rate different from unemployment level?
A: Rate is a percentage, while level is an absolute count of unemployed individuals.
Q: Why track unemployment for 20 years and older?
A: Captures most of the active workforce and provides comprehensive labor market insights.
Q: How often is this data updated?
A: Monthly updates from the Bureau of Labor Statistics.
Q: What factors influence unemployment rate?
A: Economic cycles, industry trends, technological changes, and national economic policies.
Q: How accurate is the unemployment rate?
A: Considered highly reliable, based on comprehensive national household surveys.
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Citation
U.S. Federal Reserve, Unemployment Rate - 20 Yrs. & over (LNS14000024), retrieved from FRED.