Unemployment Rate - Nonveterans, 18 Years and over
LNU04049601 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment among non-veteran adults aged 18 and over. Provides critical insight into labor market health and workforce participation.
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
This metric measures the percentage of non-veteran adults actively seeking work but currently unemployed. It reflects broader economic conditions and labor market dynamics.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess economic recovery and labor market interventions.
Key Facts
- Excludes military veterans from calculation
- Monthly updated statistical measure
- Reflects broader economic employment trends
FAQs
Q: How is non-veteran unemployment calculated?
A: Calculated by dividing unemployed non-veterans by total non-veteran labor force. Excludes those not seeking work.
Q: Why track non-veteran unemployment separately?
A: Provides targeted insight into civilian labor market performance without military employment influences.
Q: How often is this data updated?
A: Monthly updates through the Bureau of Labor Statistics' Current Population Survey.
Q: What impacts non-veteran unemployment rates?
A: Economic cycles, industry changes, education levels, and overall economic policy significantly influence rates.
Q: Are seasonal variations considered?
A: Yes, statistical methods account for seasonal employment fluctuations in the data.
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Citation
U.S. Federal Reserve, Unemployment Rate - Nonveterans, 18 Years and over (LNU04049601), retrieved from FRED.