Harmonized Unemployment: Aged 25 and Over: Males for the European Union
Percent, Monthly, Seasonally Adjusted
LRHUADMAEUM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.10
Year-over-Year Change
-3.77%
Date Range
1/1/2000 - 1/1/2020
Summary
This economic trend measures the monthly, seasonally adjusted unemployment rate in the United States, providing a key indicator of labor market 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 Percent, Monthly, Seasonally Adjusted trend represents the share of the civilian labor force that is jobless but actively seeking employment, a core metric for assessing the health and stability of the U.S. economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor this unemployment rate to inform decisions on monetary and fiscal policy.
Key Facts
- The U.S. unemployment rate reached a historic high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The Federal Reserve considers the unemployment rate a key indicator when setting monetary policy.
- Persistent high unemployment can lead to long-term economic challenges like reduced consumer spending and stagnant wage growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, seasonally adjusted unemployment rate in the United States, which represents the percentage of the 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 crucial indicator of labor market conditions and the overall health of the economy, making it a key metric for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, including the Federal Reserve, closely monitor the unemployment rate to inform decisions on monetary and fiscal policy, as it is a key indicator of the broader economic environment.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a slight delay, and may be subject to revisions as more information becomes available.
Related Trends
Harmonized Index of Consumer Prices: Beer for European Union
CP0213EUCCM086NEST
Harmonized Index of Consumer Prices: Bread and Cereals for European Union (27 Countries from 2020)
CP0111EU272020M086NEST
Harmonized Index of Consumer Prices: Food for Euro Area (19 Countries)
CP0110EZ19M086NEST
Inactivity Rate: Aged 15 and Over: Males for the European Union
LRINTTMAEUA156S
Working Age Population: Aged 15-24: Males for the European Union
LFWA24MAEUA647N
Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for European Union (27 Countries from 2020)
ELGAS0EU272020M086NEST
Citation
U.S. Federal Reserve, Percent, Monthly, Seasonally Adjusted (LRHUADMAEUM156S), retrieved from FRED.