Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Czechia
Seasonally Adjusted
LRHUADTTCZQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.17
Year-over-Year Change
3.17%
Date Range
1/1/1993 - 1/1/2025
Summary
The Seasonally Adjusted trend measures changes in total employment, adjusting for regular seasonal variations. It provides a clear picture of underlying economic conditions for policymakers and analysts.
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 series represents the total number of employees on nonfarm payrolls, adjusted for regular seasonal patterns like holidays and weather. It is a key indicator of overall labor market health and a critical input for economic analysis and policy decisions.
Methodology
The data is collected through a monthly survey of businesses and compiled by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to assess the strength of the U.S. economy and make informed decisions.
Key Facts
- Employment rose by 224,000 in June 2019.
- The unemployment rate was 3.7% in June 2019.
- Manufacturing added 17,000 jobs in June 2019.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted trend measures changes in total nonfarm employment, accounting for regular seasonal variations like holidays and weather patterns.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a clear, reliable picture of underlying labor market conditions, making it a critical input for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and compiled by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the strength of the U.S. economy and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical one-month lag, and may be subject to minor revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (LRHUADTTCZQ156S), retrieved from FRED.