Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Hungary
Annual, Not Seasonally Adjusted
LRHUADMAHUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.61
Year-over-Year Change
-63.12%
Date Range
1/1/1996 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted unemployment rate for the United States. It provides important insights into long-term labor market trends and is closely watched by economists and policymakers.
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 civilian labor force that is jobless but actively seeking employment over a 12-month period. This metric is valuable for understanding broader labor market dynamics and identifying structural shifts over time.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a key economic indicator used by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. annual unemployment rate averaged 5.3% from 2010-2019.
- Unemployment tends to rise during economic downturns and decline during expansions.
- The annual rate removes seasonal fluctuations seen in monthly data.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted unemployment rate for the United States, which tracks the percentage of the civilian labor force that is jobless but actively seeking employment over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted unemployment rate provides important insights into long-term labor market trends and is closely watched by economists and policymakers as a key indicator of the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key economic indicator used by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted unemployment rate data is published monthly with a short lag, providing timely insights into long-term labor market trends.
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Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: USD: National Currency for Hungary
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUADMAHUA156N), retrieved from FRED.