Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Sweden
Annual, Seasonally Adjusted
LREM55MASEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.93
Year-over-Year Change
5.93%
Date Range
1/1/2001 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' series measures the annual average of the seasonally adjusted unemployment rate. This key economic indicator provides insights into the overall health and stability of the U.S. 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 unemployment rate is a widely-tracked metric that reflects the percentage of the total labor force that is jobless but actively seeking employment. Policymakers and economists closely monitor this data to understand current economic conditions and make informed decisions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical input for Federal Reserve monetary policy and government fiscal interventions.
Key Facts
- The U.S. annual unemployment rate averaged 3.7% in 2019.
- Unemployment spiked to 14.7% in April 2020 due to the COVID-19 pandemic.
- The Federal Reserve targets a 'natural' unemployment rate of around 4-5%.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' series measures the yearly average of the seasonally adjusted unemployment rate in the United States.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the overall health of the labor market and the broader economy, making it essential for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for Federal Reserve monetary policy decisions and government fiscal interventions aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The annual, seasonally adjusted unemployment rate data is typically released with a one-month lag by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM55MASEA156S), retrieved from FRED.