Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Denmark
Annual, Not Seasonally Adjusted
LRHUTTFEDKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.49
Year-over-Year Change
-16.68%
Date Range
1/1/1983 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted unemployment rate in the United States. It is a key economic indicator used by policymakers and analysts to assess the health of the 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 represents the percentage of the total labor force that is jobless but actively seeking employment over a 12-month period. This metric provides a broader view of unemployment trends compared to the more widely reported monthly, seasonally adjusted rate.
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 annual unemployment rate is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policies aimed at promoting full employment.
Key Facts
- The annual unemployment rate averaged 5.3% in 2022.
- The rate peaked at 14.7% in 2020 due to the COVID-19 pandemic.
- The U.S. has seen a steady decline in the annual unemployment rate since 2010.
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 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 unemployment rate is a key indicator of the overall health of the labor market and is closely monitored by policymakers and economists to inform economic and employment-related policies.
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 annual unemployment rate is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policies aimed at promoting full employment and economic stability.
Q: Are there update delays or limitations?
A: The annual unemployment rate data is typically published with a shorter delay compared to the more frequently reported monthly, seasonally adjusted rate.
Related Trends
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Denmark
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Denmark
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Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Denmark
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Infra-Annual Labor Statistics: Unemployment Rate Total: From 25 to 54 Years for Denmark
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTFEDKA156N), retrieved from FRED.