Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 64 Years for Australia
Annual, Not Seasonally Adjusted
LREM64MAAUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.10
Year-over-Year Change
2.51%
Date Range
1/1/1979 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted unemployment rate in the United States. It is a key indicator of 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 annual, not seasonally adjusted unemployment rate tracks the percentage of the total civilian labor force that is jobless but actively seeking employment. This metric is closely monitored by economists and policymakers to assess economic performance and guide policy decisions.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for Federal Reserve monetary policy and influences consumer confidence and business investment decisions.
Key Facts
- The U.S. annual unemployment rate reached a high of 9.6% in 2010.
- In 2021, the annual unemployment rate was 5.3%.
- The manufacturing sector has seen the largest decline in unemployment since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted unemployment rate in the United States, which represents the percentage of the total civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical indicator of the overall health and stability of the U.S. labor market, and is closely monitored by economists and policymakers to assess economic performance and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input for Federal Reserve monetary policy and influences consumer confidence and business investment decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is typically released with a short delay and does not account for seasonal fluctuations in the labor market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM64MAAUA156N), retrieved from FRED.