Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Sweden
Annual, Seasonally Adjusted
LRHUTTFESEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.49
Year-over-Year Change
7.60%
Date Range
1/1/1983 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the unemployment rate among the U.S. civilian labor force. It is a key economic indicator used by policymakers and analysts to assess 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
This series tracks the seasonally adjusted annual unemployment rate, which is the percentage of the civilian labor force that is jobless. Economists and policymakers closely monitor this data to understand the strength of the U.S. labor market and broader economic trends.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a crucial input for Federal Reserve monetary policy decisions and informs economic forecasting.
Key Facts
- The annual unemployment rate in the U.S. was 3.7% in 2019.
- Unemployment peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The Federal Reserve targets a 'full employment' unemployment rate around 4-5%.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the percentage of the U.S. civilian labor force that is unemployed and actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a critical indicator of labor market health and a key input for economic policymaking and forecasting.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a crucial metric for the Federal Reserve in setting monetary policy, and it informs broader economic analysis and forecasting.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a short delay, and it may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHUTTFESEA156S), retrieved from FRED.