Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Hungary
Annual, Not Seasonally Adjusted
LRHUTTFEHUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.33
Year-over-Year Change
-56.63%
Date Range
1/1/1996 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted data series tracks the total unemployment rate in the United States on an annual basis. This key economic indicator provides insights into the overall 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
This unemployment rate metric represents the percentage of the civilian labor force that is jobless, as reported annually without seasonal adjustments. Economists and policymakers monitor this series to gauge the strength of the U.S. economy and inform policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The annual unemployment rate is a crucial input for economic analyses and policy considerations.
Key Facts
- The annual unemployment rate averaged 5.9% in 2021.
- The rate peaked at 14.8% in 2020 due to the COVID-19 pandemic.
- The series dates back to 1948.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted data series tracks the total unemployment rate in the United States on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides insights into the overall health of the labor market, which is crucial for economic analyses and policy considerations.
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.
Q: How is this trend used in economic policy?
A: The annual unemployment rate is a crucial input for economic analyses and policy considerations, as it helps gauge the strength of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is reported annually, so it may not capture short-term fluctuations in the labor market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTFEHUA156N), retrieved from FRED.