Unemployment Rate - Wholesale and Retail Trade, Private Wage and Salary Workers
LNU04032235 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
-10.20%
Date Range
1/1/2000 - 7/1/2025
Summary
This unemployment rate tracks joblessness among wholesale and retail trade workers in the private sector. It provides targeted insights into a critical consumer-facing economic segment.
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
Measures the percentage of unemployed workers specifically in wholesale and retail trade sectors. Reflects consumer-oriented economic health.
Methodology
Calculated through monthly Bureau of Labor Statistics employment surveys.
Historical Context
Used to assess retail sector economic performance and consumer spending potential.
Key Facts
- Represents significant consumer-facing workforce
- Sensitive to economic cycles and consumer confidence
- Includes both wholesale and retail trade workers
FAQs
Q: Why track wholesale and retail trade unemployment?
A: These sectors are major employers and sensitive economic indicators reflecting consumer spending trends.
Q: How does this rate impact broader economic analysis?
A: Provides insights into consumer confidence, spending potential, and overall economic health.
Q: What factors influence this unemployment rate?
A: Economic cycles, e-commerce trends, consumer spending, and seasonal variations affect this metric.
Q: How frequently is this data updated?
A: Monthly updates through comprehensive labor market surveys.
Q: What's a typical unemployment range for this sector?
A: Varies by economic conditions, but typically ranges between 3-7% during stable periods.
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Citation
U.S. Federal Reserve, Unemployment Rate - Wholesale and Retail Trade (LNU04032235), retrieved from FRED.